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Video: What is a Stock Split?
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Logitech International is a holding company. Through its subsidiary, Co. designs, manufactures and markets products that allow people to connect through gaming, video, computing, music and other digital platforms. Co. provides various pointing devices which include Logitech MX Master 3 and MX Anywhere 3 wireless mice; and various corded and cordless keyboards, living room keyboards, and combos including Logitech Wireless Combo MK270. Co.'s video collaboration products include conference room cameras, as well as webcams and headsets, including Logitech Rally Bar, and Logitech MeetUp. Co.'s Mobile Speakers category is a portfolio of portable wireless Bluetooth speakers for music. According to our LOGI split history records, Logitech International SA has had 2 splits. | |
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Logitech International SA (LOGI) has 2 splits in our LOGI split history database. The first split for LOGI took place on July 01, 2005. This was a 2 for 1 split, meaning for each share of LOGI 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. LOGI's second split took place on July 17, 2006. This was a 2 for 1 split, meaning for each share of LOGI 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 Logitech International SA 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 LOGI 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 Logitech International SA shares, starting with a $10,000 purchase of LOGI, presented on a split-history-adjusted basis factoring in the complete LOGI split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
10/04/2024 |
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Start price/share: |
$12.34 |
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End price/share: |
$85.66 |
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Starting shares: |
810.37 |
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Ending shares: |
981.83 |
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Dividends reinvested/share: |
$8.02 |
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Total return: |
741.03% |
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Average Annual Total Return: |
23.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$84,091.12 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
10/04/2024 |
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Start price/share: |
$12.34 |
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End price/share: |
$85.66 |
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Dividends collected/share: |
$8.02 |
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Total return: |
659.15% |
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Average Annual Total Return: |
22.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$75,909.68 |
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Years: |
10.00 |
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Date |
Ratio |
07/01/2005 | 2 for 1 | 07/17/2006 | 2 for 1 |
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