 |
 Video: What is a Stock Split?
|
|
|
| Activision Blizzard is a developer and publisher of interactive entertainment content and services. Co. develops and distributes content and services on video game consoles, personal computers, and mobile devices. Co. also operates esports leagues and provides digital advertising within its content. Co.'s segments include Activision Publishing, Inc. (Activision), Blizzard Entertainment, Inc. (Blizzard), King Digital Entertainment (King) and Other. Activision's key product franchise is Call of Duty®, a first-person action franchise. Blizzard's key product franchises include Warcraft®, Hearthstone®, Diablo® and Overwatch®. King's key product franchise is Candy Crush™, a match three franchise. According to our ATVI split history records, ATVI has had 6 splits. | |
|
ATVI (ATVI) has 6 splits in our ATVI split history database. The first split for ATVI took place on November 21, 2001. This was a 3 for 2 split, meaning for each 2 shares of ATVI owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. ATVI's second split took place on June 09, 2003. This was a 3 for 2 split, meaning for each 2 shares of ATVI owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. ATVI's third split took place on March 16, 2004. This was a 3 for 2 split, meaning for each 2 shares of ATVI owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. ATVI's 4th split took place on March 23, 2005. This was a 4 for 3 split, meaning for each 3 shares of ATVI owned pre-split, the shareholder now owned 4 shares. For example, a 3375 share position pre-split, became a 4500 share position following the split. ATVI's 5th split took place on October 25, 2005. This was a 4 for 3 split, meaning for each 3 shares of ATVI owned pre-split, the shareholder now owned 4 shares. For example, a 4500 share position pre-split, became a 6000 share position following the split. ATVI's 6th split took place on September 08, 2008. This was a 2 for 1 split, meaning for each share of ATVI owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split.
When a company such as ATVI 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 ATVI split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ATVI shares, starting with a $10,000 purchase of ATVI, presented on a split-history-adjusted basis factoring in the complete ATVI split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
12/11/2014 |
|
| End date: |
10/13/2023 |
|
| Start price/share: |
$20.34 |
|
| End price/share: |
$94.42 |
|
| Starting shares: |
491.64 |
|
| Ending shares: |
524.89 |
|
| Dividends reinvested/share: |
$3.84 |
|
| Total return: |
395.60% |
|
| Average Annual Total Return: |
19.85% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$49,573.14 |
|
| Years: |
8.84 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
12/11/2014 |
|
| End date: |
10/13/2023 |
|
| Start price/share: |
$20.34 |
|
| End price/share: |
$94.42 |
|
| Dividends collected/share: |
$3.84 |
|
| Total return: |
383.09% |
|
| Average Annual Total Return: |
19.50% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$48,307.78 |
|
| Years: |
8.84 |
|
|
|
| Date |
Ratio |
| 11/21/2001 | 3 for 2 | | 06/09/2003 | 3 for 2 | | 03/16/2004 | 3 for 2 | | 03/23/2005 | 4 for 3 | | 10/25/2005 | 4 for 3 | | 09/08/2008 | 2 for 1 |
|
|
Free ATVI Email Alerts:
