 |
 Video: What is a Stock Split?
|
|
|
| Ikonics develops, manufactures and sells photosensitive liquids (emulsions) and films. Co.'s Chromaline and ImageMate branded products for the screen printing industry and IKONICS Imaging products for the both the awards and recognition and consumer product markets are based on UV chemistry and film coating and construction capabilities. The Advanced Material Solutions offering is a combination of UV chemistry, film coating and construction and technical abrasive etching capabilities. The digital texturing technology is a combination of UV chemistry, film coating and construction, and industrial inkjet printing. Co. also provides ancillary products, including equipment. According to our IKNX split history records, IKNX has had 1 split. | |
|
IKNX (IKNX) has 1 split in our IKNX split history database. The split for IKNX took place on May 14, 2004. This was a 3 for 2 split, meaning for each 2 shares of IKNX 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.
When a company such as IKNX 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 IKNX split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into IKNX shares, starting with a $10,000 purchase of IKNX, presented on a split-history-adjusted basis factoring in the complete IKNX split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/01/2015 |
|
| End date: |
12/13/2021 |
|
| Start price/share: |
$14.03 |
|
| End price/share: |
$33.90 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
141.63% |
|
| Average Annual Total Return: |
14.24% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$24,156.04 |
|
| Years: |
6.62 |
|
|
|
| Date |
Ratio |
| 05/14/2004 | 3 for 2 |
|
|
Free IKNX Email Alerts:
