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Video: What is a Stock Split?
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NICE is a global enterprise software provider providing cloud platforms for artificial intelligence-driven business solutions that serve the following main markets: Customer Engagement and Financial Crime and Compliance. In the Customer Engagement market, Co. enable organizations to transform experiences with solutions aimed at meeting consumers wherever they choose to begin their journey, providing digital-centric AI-enabled self-service capabilities. In the Financial Crime and Compliance market, Co. protect financial services organizations, digital banks and their customers' accounts and transactions, with solutions that identify risks and help prevent money laundering. According to our NICE split history records, NICE has had 1 split. | |
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NICE (NICE) has 1 split in our NICE split history database. The split for NICE took place on May 31, 2006. This was a 2 for 1 split, meaning for each share of NICE 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.
When a company such as NICE 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 NICE split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NICE shares, starting with a $10,000 purchase of NICE, presented on a split-history-adjusted basis factoring in the complete NICE split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
09/17/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$41.13 |
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End price/share: |
$164.93 |
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Starting shares: |
243.13 |
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Ending shares: |
249.52 |
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Dividends reinvested/share: |
$1.60 |
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Total return: |
311.54% |
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Average Annual Total Return: |
15.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$41,148.73 |
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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: |
09/17/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$41.13 |
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End price/share: |
$164.93 |
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Dividends collected/share: |
$1.60 |
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Total return: |
304.89% |
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Average Annual Total Return: |
15.01% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$40,475.26 |
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Years: |
10.00 |
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Date |
Ratio |
05/31/2006 | 2 for 1 |
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