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 Video: What is a Stock Split?
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| Samsara Inc. specializes in the Connected Operations Cloud, a platform that leverages IoT data to enhance physical operations. This platform includes a data system that processes and enriches data from IoT devices and connected assets, featuring AI, workflows, analytics, alerts, API connections, and data security. Samsara's applications cover video-based safety, vehicle telematics, mobile apps, equipment monitoring, and site visibility, serving sectors like construction, transportation, warehousing, field services, and logistics. Their video-based safety app helps customers create safety programs with AI-enabled video. According to our IOT split history records, Samsara has had 2 splits. | |
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Samsara (IOT) has 2 splits in our IOT split history database. The first split for IOT took place on July 01, 1996. This was a 2 for 1
split, meaning for each share of IOT 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. IOT's second split took place on June 15, 2005. This was a 3 for 1 split, meaning for each share of IOT owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split.
When a company such as Samsara 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 IOT 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 Samsara shares, starting with a $10,000 purchase of IOT, presented on a split-history-adjusted basis factoring in the complete IOT split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/15/2021 |
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| End date: |
01/17/2025 |
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| Start price/share: |
$24.70 |
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| End price/share: |
$46.87 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
89.76% |
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| Average Annual Total Return: |
23.01% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,975.76 |
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| Years: |
3.09 |
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| Date |
Ratio |
| 07/01/1996 | 2 for 1
| | 06/15/2005 | 3 for 1 |
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