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Video: What is a Stock Split?
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Marvell Technology, Inc., through its subsidiaries, is a supplier of data infrastructure semiconductor solutions. Co. is engaged in the design, development, and sale of integrated circuits. Its product solutions serve five end markets, such as data center, enterprise networking, carrier infrastructure, consumer, and automotive/industrial. Co.'s product offerings include custom application-specific integrated circuits (ASICs), electro-optics, Ethernet solutions, fiber channel adapters, processors, and storage controllers. It develops custom system-on-a-chip (SoC) solutions tailored to individual customer specifications. According to our MRVL split history records, Marvell Technology has had 2 splits. | |
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Marvell Technology (MRVL) has 2 splits in our MRVL split history database. The first split for MRVL took place on June 29, 2004. This was a 2 for 1 split, meaning for each share of MRVL 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. MRVL's second split took place on July 25, 2006. This was a 2 for 1 split, meaning for each share of MRVL 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 Marvell 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 MRVL 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 Marvell Technology shares, starting with a $10,000 purchase of MRVL, presented on a split-history-adjusted basis factoring in the complete MRVL split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/09/2014 |
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End date: |
12/06/2024 |
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Start price/share: |
$14.75 |
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End price/share: |
$113.51 |
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Starting shares: |
677.97 |
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Ending shares: |
754.07 |
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Dividends reinvested/share: |
$2.40 |
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Total return: |
755.95% |
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Average Annual Total Return: |
23.95% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$85,598.33 |
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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: |
12/09/2014 |
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End date: |
12/06/2024 |
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Start price/share: |
$14.75 |
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End price/share: |
$113.51 |
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Dividends collected/share: |
$2.40 |
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Total return: |
685.83% |
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Average Annual Total Return: |
22.89% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$78,553.48 |
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Years: |
10.00 |
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Date |
Ratio |
06/29/2004 | 2 for 1 | 07/25/2006 | 2 for 1 |
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