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 Video: What is a Stock Split?
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| Microchip Technology Incorporated develops, manufactures and sells smart, connected and secure embedded control solutions used by its customers for a variety of applications. Co.'s solutions serve approximately 123,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Co.'s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. Co. also offers a comprehensive set of low-cost and easy-to-learn application development tools. According to our MCHP split history records, Microchip Technology has had 8 splits. | |
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Microchip Technology (MCHP) has 8 splits in our MCHP split history database. The first split for MCHP took place on September 14, 1993. This was a 2 for 1
split, meaning for each share of MCHP 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. MCHP's second split took place on April 05, 1994. This was a 3 for 2
split, meaning for each 2
shares of MCHP owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. MCHP's third split took place on November 09, 1994. This was a 3 for 2
split, meaning for each 2
shares of MCHP owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 4500 share position following the split. MCHP's 4th split took place on January 07, 1997. This was a 3 for 2
split, meaning for each 2
shares of MCHP owned pre-split, the shareholder now owned 3 shares. For example, a 4500 share position pre-split, became a 6750 share position following the split. MCHP's 5th split took place on February 08, 2000. This was a 3 for 2
split, meaning for each 2
shares of MCHP owned pre-split, the shareholder now owned 3 shares. For example, a 6750 share position pre-split, became a 10125 share position following the split. MCHP's 6th split took place on September 27, 2000. This was a 3 for 2 split, meaning for each 2 shares of MCHP owned pre-split, the shareholder now owned 3 shares. For example, a 10125 share position pre-split, became a 15187.5 share position following the split. MCHP's 7th split took place on May 09, 2002. This was a 3 for 2 split, meaning for each 2 shares of MCHP owned pre-split, the shareholder now owned 3 shares. For example, a 15187.5 share position pre-split, became a 22781.25 share position following the split. MCHP's 8th split took place on October 13, 2021. This was a 2 for 1 split, meaning for each share of MCHP owned pre-split, the shareholder now owned 2 shares. For example, a 22781.25 share position pre-split, became a 45562.5 share position following the split.
When a company such as Microchip Technology 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 MCHP split history from start to finish, an original position size of 1000 shares would have turned into 45562.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Microchip Technology shares, starting with a $10,000 purchase of MCHP, presented on a split-history-adjusted basis factoring in the complete MCHP split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$22.35 |
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| End price/share: |
$61.87 |
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| Starting shares: |
447.43 |
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| Ending shares: |
542.64 |
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| Dividends reinvested/share: |
$9.77 |
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| Total return: |
235.73% |
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| Average Annual Total Return: |
12.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$33,568.30 |
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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: |
12/11/2014 |
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| End date: |
12/09/2024 |
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| Start price/share: |
$22.35 |
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| End price/share: |
$61.87 |
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| Dividends collected/share: |
$9.77 |
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| Total return: |
220.52% |
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| Average Annual Total Return: |
12.35% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$32,053.05 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/14/1993 | 2 for 1
| | 04/05/1994 | 3 for 2
| | 11/09/1994 | 3 for 2
| | 01/07/1997 | 3 for 2
| | 02/08/2000 | 3 for 2
| | 09/27/2000 | 3 for 2 | | 05/09/2002 | 3 for 2 | | 10/13/2021 | 2 for 1 |
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