Split History
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Photronics is a manufacturer of photomasks, which are photographic quartz or glass plates containing microscopic images of electronic circuits. Photomasks are a key element in the manufacture of integrated circuits (ICs) and flat-panel displays (FPDs) and are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during the fabrication of ICs, a variety of FPDs and, to a lesser extent, other types of electrical and optical components. Co. supports customers across a spectrum of IC production and FPD technologies by manufacturing photomasks using electron beam or optical (laser-based) lithography systems. According to our PLAB split history records, Photronics has had 2 splits.
PLAB split history picture
Photronics (PLAB) has 2 splits in our PLAB split history database. The first split for PLAB took place on March 21, 1995. This was a 3 for 2 split, meaning for each 2 shares of PLAB 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. PLAB's second split took place on December 02, 1997. This was a 2 for 1 split, meaning for each share of PLAB owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.

When a company such as Photronics 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 PLAB split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Photronics shares, starting with a $10,000 purchase of PLAB, presented on a split-history-adjusted basis factoring in the complete PLAB split history. PLAB split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 05/20/2014
End date: 05/17/2024
Start price/share: $8.71
End price/share: $28.64
Dividends collected/share: $0.00
Total return: 228.82%
Average Annual Total Return: 12.64%
Starting investment: $10,000.00
Ending investment: $32,879.59
Years: 10.00
Date Ratio
03/21/19953 for 2
12/02/19972 for 1
PLAB is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:

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Also explore: PLAB shares outstanding history

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