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Video: What is a Stock Split?
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Polycom is a provider of unified communications and collaboration solutions for voice, video and content sharing. Co.'s solutions are powered by the Polycom® RealPresence® Platform, an infrastructure offering with application programming interfaces that can be deployed via software and/or hardware, on-premises or in the cloud, or in hybrid implementations. With RealPresence collaboration solutions, individuals and teams can communicate and collaborate from their desktops, meeting rooms, classrooms, offices, mobile devices, and web browsers. Co.'s products and solutions are categorized as follows: UC Group Systems, UC Personal Devices, and UC Platform. According to our PLCM split history records, PLCM has had 2 splits. | |
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PLCM (PLCM) has 2 splits in our PLCM split history database. The first split for PLCM took place on September 01, 2000. This was a 2 for 1 split, meaning for each share of PLCM 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. PLCM's second split took place on July 05, 2011. This was a 2 for 1 split, meaning for each share of PLCM 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 PLCM 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 PLCM 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 PLCM shares, starting with a $10,000 purchase of PLCM, presented on a split-history-adjusted basis factoring in the complete PLCM split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
10/28/2016 |
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Start price/share: |
$12.75 |
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End price/share: |
$12.47 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-2.20% |
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Average Annual Total Return: |
-1.25% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,780.17 |
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Years: |
1.77 |
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Date |
Ratio |
09/01/2000 | 2 for 1 | 07/05/2011 | 2 for 1 |
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