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Video: What is a Stock Split?
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Check Point Software Technologies develops, markets and supports products and services for information technology security, by providing a multilevel security architecture that defends enterprises' cloud, network and mobile device held information. Co.'s threat prevention technologies and products include AI technologies, which accurately block zero-day ransomware, sophisticated Trojans, and other malware through a malware analysis technology utilizing AI based machine and deep learning engines; and big data threat intelligence, which aggregates and analyzes big data telemetry and various Indicators of Compromise every day and its threat intelligence database is fed from connected networks. According to our CHKP split history records, Check Point Software Technologies has had 3 splits. | |
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Check Point Software Technologies (CHKP) has 3 splits in our CHKP split history database. The first split for CHKP took place on January 31, 2000. This was a 2 for 1
split, meaning for each share of CHKP 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. CHKP's second split took place on July 26, 2000. This was a 2 for 1
split, meaning for each share of CHKP owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. CHKP's third split took place on February 13, 2001. This was a 3 for 2 split, meaning for each 2 shares of CHKP owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 6000 share position following the split.
When a company such as Check Point Software Technologies 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 CHKP split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Check Point Software Technologies shares, starting with a $10,000 purchase of CHKP, presented on a split-history-adjusted basis factoring in the complete CHKP split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
10/04/2024 |
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Start price/share: |
$69.40 |
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End price/share: |
$193.93 |
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Dividends collected/share: |
$0.00 |
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Total return: |
179.44% |
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Average Annual Total Return: |
10.82% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27,937.11 |
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Years: |
10.00 |
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Date |
Ratio |
01/31/2000 | 2 for 1
| 07/26/2000 | 2 for 1
| 02/13/2001 | 3 for 2 |
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