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Video: What is a Stock Split?
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AudioCodes is an Israel-based software publisher providing communications software, end-to-end products, and productivity solutions for the digital workplace. Co.'s solutions help enterprises and service providers build and operate all-IP voice networks for unified communications, contact centers, and hosted business services, both in the cloud and on-premises. Co. categorize its offerings into three main lines: Enterprise solutions for advanced communications and contact centers, Service provider solutions with high-performance CPE devices for cloud UC services and SIP trunks, and Voice.ai solutions using voice recognition, AI, and machine learning technologies. According to our AUDC split history records, AudioCodes has had 1 split. | |
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AudioCodes (AUDC) has 1 split in our AUDC split history database. The split for AUDC took place on October 10, 2000. This was a 2 for 1 split, meaning for each share of AUDC owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as AudioCodes 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 AUDC split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AudioCodes shares, starting with a $10,000 purchase of AUDC, presented on a split-history-adjusted basis factoring in the complete AUDC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/23/2015 |
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End date: |
01/21/2025 |
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Start price/share: |
$5.12 |
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End price/share: |
$11.07 |
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Starting shares: |
1,953.12 |
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Ending shares: |
2,215.76 |
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Dividends reinvested/share: |
$2.11 |
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Total return: |
145.28% |
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Average Annual Total Return: |
9.38% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,518.05 |
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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: |
01/23/2015 |
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End date: |
01/21/2025 |
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Start price/share: |
$5.12 |
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End price/share: |
$11.07 |
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Dividends collected/share: |
$2.11 |
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Total return: |
157.42% |
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Average Annual Total Return: |
9.91% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,732.65 |
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Years: |
10.00 |
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Date |
Ratio |
10/10/2000 | 2 for 1 |
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