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Video: What is a Stock Split?
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ASE Technology Holding is a provider of semiconductor manufacturing services in assembly and testing. Co. has the following reportable segments: Packaging, Testing and Electronic Manufacturing Services. Co. packages semiconductors into finished semiconductors with electrical and thermal characteristics; provides testing services, including front-end engineering testing, wafer probing and final testing services; and engages in the designing, assembling, manufacturing and sale of electronic components and telecommunications equipment motherboards. According to our ASX split history records, ASE Technology Holding has had 6 splits. | |
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ASE Technology Holding (ASX) has 6 splits in our ASX split history database. The first split for ASX took place on July 17, 2001. This was a 117 for 100 split, meaning for each 100 shares of ASX owned pre-split, the shareholder now owned 117 shares. For example, a 1000 share position pre-split, became a 1170 share position following the split. ASX's second split took place on August 22, 2003. This was a 11 for 10 split, meaning for each 10 shares of ASX owned pre-split, the shareholder now owned 11 shares. For example, a 1170 share position pre-split, became a 1287 share position following the split. ASX's third split took place on August 25, 2004. This was a 10574 for 10000 split, meaning for each 10000 shares of ASX owned pre-split, the shareholder now owned 10574 shares. For example, a 1287 share position pre-split, became a 1360.8738 share position following the split. ASX's 4th split took place on September 07, 2005. This was a 10998 for 10000 split, meaning for each 10000 shares of ASX owned pre-split, the shareholder now owned 10998 shares. For example, a 1360.8738 share position pre-split, became a 1496.68900524 share position following the split. ASX's 5th split took place on August 20, 2007. This was a 11479 for 10000 split, meaning for each 10000 shares of ASX owned pre-split, the shareholder now owned 11479 shares. For example, a 1496.68900524 share position pre-split, became a 1718.049309115 share position following the split. ASX's 6th split took place on August 13, 2008. This was a 1029 for 1000 split, meaning for each 1000 shares of ASX owned pre-split, the shareholder now owned 1029 shares. For example, a 1718.049309115 share position pre-split, became a 1767.87273907933 share position following the split.
When a company such as ASE Technology Holding splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the ASX split history from start to finish, an original position size of 1000 shares would have turned into 1767.87273907933 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ASE Technology Holding shares, starting with a $10,000 purchase of ASX, presented on a split-history-adjusted basis factoring in the complete ASX split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
12/09/2024 |
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Start price/share: |
$6.06 |
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End price/share: |
$10.13 |
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Starting shares: |
1,650.17 |
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Ending shares: |
2,506.18 |
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Dividends reinvested/share: |
$2.78 |
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Total return: |
153.88% |
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Average Annual Total Return: |
9.76% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,383.52 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/11/2014 |
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End date: |
12/09/2024 |
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Start price/share: |
$6.06 |
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End price/share: |
$10.13 |
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Dividends collected/share: |
$2.78 |
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Total return: |
113.02% |
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Average Annual Total Return: |
7.85% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,295.68 |
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Years: |
10.00 |
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Date |
Ratio |
07/17/2001 | 117 for 100 | 08/22/2003 | 11 for 10 | 08/25/2004 | 10574 for 10000 | 09/07/2005 | 10998 for 10000 | 08/20/2007 | 11479 for 10000 | 08/13/2008 | 1029 for 1000 |
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