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Video: What is a Stock Split?
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IntriCon is an international company and joint development manufacturer (JDM) of micromedical components, sub-assemblies and final devices. Co. serves as a JDM partner to medical device original equipment manufacturers by designing, developing, engineering, manufacturing, packaging and distributing micromedical products for markets, such as diabetes, peripheral vascular, interventional pulmonology, electrophysiology and hearing healthcare. Co. is focused on the development of main capabilities, including micro-coil winding and assembly, microelectronics assembly, catheter assembly, precision miniature molding, and ultra-low power digital signal processing and wireless communications. According to our IIN split history records, IIN has had 1 split. | |
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IIN (IIN) has 1 split in our IIN split history database. The split for IIN took place on April 03, 1990. This was a 2 for 1 split, meaning for each share of IIN 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 IIN 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 IIN 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 IIN shares, starting with a $10,000 purchase of IIN, presented on a split-history-adjusted basis factoring in the complete IIN split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
05/24/2022 |
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Start price/share: |
$6.68 |
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End price/share: |
$24.24 |
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Dividends collected/share: |
$0.00 |
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Total return: |
262.87% |
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Average Annual Total Return: |
17.31% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$36,291.86 |
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Years: |
8.07 |
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Date |
Ratio |
04/03/1990 | 2 for 1 |
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