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Video: What is a Stock Split?
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Koss Corporation is engaged in marketing high-fidelity headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, active noise-canceling headphones, and wireless headphones. Co. operates in the audio/video industry segment of the home entertainment and communication industry through its design, manufacture and sale of stereo headphones and related accessory products. Co.'s products are sold through U.S. distributors, international distributors, audio specialty stores, the Internet, national retailers, grocery stores, electronics retailers, and prisons under the Koss name, as well as private label. According to our KOSS split history records, Koss has had 2 splits. | |
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Koss (KOSS) has 2 splits in our KOSS split history database. The first split for KOSS took place on November 06, 2001. This was a 2 for 1 split, meaning for each share of KOSS 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. KOSS's second split took place on December 02, 2009. This was a 2 for 1 split, meaning for each share of KOSS owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Koss 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 KOSS split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Koss shares, starting with a $10,000 purchase of KOSS, presented on a split-history-adjusted basis factoring in the complete KOSS split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/23/2015 |
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End date: |
01/21/2025 |
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Start price/share: |
$1.97 |
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End price/share: |
$6.68 |
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Dividends collected/share: |
$0.00 |
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Total return: |
239.09% |
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Average Annual Total Return: |
12.98% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$33,896.97 |
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Years: |
10.00 |
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Date |
Ratio |
11/06/2001 | 2 for 1 | 12/02/2009 | 2 for 1 |
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