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Video: What is a Stock Split?
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Iveda Solutions is engaged in licensing Sentir, a video surveillance management platform with data storage technology for distribution of hosted video surveillance services, and selling Sentir-enabled plug-and-play cloud cameras to service providers such as telecommunications companies, Internet service providers, data centers, and cable companies. Co.'s Taiwanese subsidiary, Sole-Vision Technologies, Inc., focuses on deploying video surveillance systems for airports, commercial buildings, government customers, data centers, shopping centers, hotels, banks, and Safe City initiatives in Taiwan and other neighboring countries. According to our IVDA split history records, Iveda Solutions has had 1 split. | |
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Iveda Solutions (IVDA) has 1 split in our IVDA split history database. The split for IVDA took place on April 01, 2022. This was a 1 for 8 reverse split, meaning for each 8 shares of IVDA owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 125 share position following the split.
When a company such as Iveda Solutions conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the IVDA split history from start to finish, an original position size of 1000 shares would have turned into 125 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Iveda Solutions shares, starting with a $10,000 purchase of IVDA, presented on a split-history-adjusted basis factoring in the complete IVDA split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$13.76 |
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End price/share: |
$0.91 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-93.39% |
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Average Annual Total Return: |
-23.77% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$661.63 |
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Years: |
10.01 |
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Date |
Ratio |
04/01/2022 | 1 for 8 |
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