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 Video: What is a Stock Split?
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| Misonix designs, manufactures and markets minimally invasive surgical ultrasonic medical devices. These products include: BoneScalpel Surgical System, which is used for surgical procedures involving the cutting and sculpting of bone while sparing soft tissue; SonaStar Surgical Aspirator, which is used to emulsify and remove soft and hard tumors, primarily in the neuro and general surgery fields; and SonicOne Wound Debridement System, which provides tissue specific debridement and cleansing of wounds and burns for removal of devitalized tissue and fibrin deposits while sparing viable cells. These devices serve the clinical areas including neurosurgery, orthopaedic and maxillo-facial surgery. According to our MSON split history records, MSON has had 1 split. | |
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MSON (MSON) has 1 split in our MSON split history database. The split for MSON took place on October 21, 1997. This was a 3 for 2
split, meaning for each 2
shares of MSON owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as MSON 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 MSON split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MSON shares, starting with a $10,000 purchase of MSON, presented on a split-history-adjusted basis factoring in the complete MSON split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/29/2021 |
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| Start price/share: |
$10.17 |
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| End price/share: |
$26.54 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
160.96% |
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| Average Annual Total Return: |
14.54% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$26,096.18 |
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| Years: |
7.07 |
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| Date |
Ratio |
| 10/21/1997 | 3 for 2
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