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Video: What is a Stock Split?
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Geospace Technologies Corporation designs and manufactures seismic instruments and equipment. It operates through three segments: Oil and Gas Markets, Adjacent Markets and Emerging Markets. The Oil and Gas Markets segment products include wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products, such as geophones, hydrophones, leader wire, connectors, cables, marine streamer retrieval and steering devices and various other seismic products. According to our GEOS split history records, Geospace Technologies has had 1 split. | |
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Geospace Technologies (GEOS) has 1 split in our GEOS split history database. The split for GEOS took place on October 19, 2012. This was a 2 for 1 split, meaning for each share of GEOS 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 Geospace 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 GEOS 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 Geospace Technologies shares, starting with a $10,000 purchase of GEOS, presented on a split-history-adjusted basis factoring in the complete GEOS split history.

Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/12/2015 |
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End date: |
02/10/2025 |
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Start price/share: |
$19.13 |
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End price/share: |
$8.59 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-55.10% |
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Average Annual Total Return: |
-7.69% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,491.51 |
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Years: |
10.00 |
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Date |
Ratio |
10/19/2012 | 2 for 1 |
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