 |
 Video: What is a Stock Split?
|
|
|
| Plantronics is a global communications company that designs, manufactures, and markets integrated communications and collaboration solutions that span headsets, open Session Initiation Protocol (SIP) and native ecosystem desktop phones, conference room phones, video conferencing solutions and peripherals, cloud management and analytics software solutions, and services. Co.'s main product categories are Headsets, which includes wired and wireless communication headsets; Voice, Video, and Content Sharing Solutions, which includes open SIP and native ecosystem desktop phones, conference room phones, and video conferencing solutions and peripherals, including cameras, speakers, and microphones. According to our PLT split history records, PLT has had 2 splits. | |
|
PLT (PLT) has 2 splits in our PLT split history database. The first split for PLT took place on September 03, 1997. This was a 2 for 1
split, meaning for each share of PLT 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. PLT's second split took place on August 09, 2000. This was a 3 for 1 split, meaning for each share of PLT owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split.
When a company such as PLT 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 PLT split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PLT shares, starting with a $10,000 purchase of PLT, presented on a split-history-adjusted basis factoring in the complete PLT split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/09/2014 |
|
| End date: |
05/21/2021 |
|
| Start price/share: |
$44.63 |
|
| End price/share: |
$31.87 |
|
| Starting shares: |
224.06 |
|
| Ending shares: |
242.23 |
|
| Dividends reinvested/share: |
$3.30 |
|
| Total return: |
-22.80% |
|
| Average Annual Total Return: |
-3.83% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$7,722.11 |
|
| Years: |
6.62 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/09/2014 |
|
| End date: |
05/21/2021 |
|
| Start price/share: |
$44.63 |
|
| End price/share: |
$31.87 |
|
| Dividends collected/share: |
$3.30 |
|
| Total return: |
-21.20% |
|
| Average Annual Total Return: |
-3.53% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$7,882.97 |
|
| Years: |
6.62 |
|
|
|
| Date |
Ratio |
| 09/03/1997 | 2 for 1
| | 08/09/2000 | 3 for 1 |
|
|
Free PLT Email Alerts:
