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 Video: What is a Stock Split?
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| PMC-Sierra designs, develops, markets and supports semiconductor, embedded software, and board level solutions. Co.'s devices enable networking equipment primarily in three end market segments: Storage, Optical and Mobile networks. Co.'s Storage products enable communications between the servers, switches and storage devices that comprise these systems thus allowing data to be stored, managed and moved. Co.'s Optical products include its Wide Area Network communication products focused on Metro and access networks. Co.'s Mobile products include Winpath network processors, T1/E1framers and mappers, and Radio Frequency Integrated Circuit devices sold into Mobile access markets. According to our PMCS split history records, PMCS has had 3 splits. | |
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PMCS (PMCS) has 3 splits in our PMCS split history database. The first split for PMCS took place on October 05, 1995. This was a 2 for 1
split, meaning for each share of PMCS 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. PMCS's second split took place on May 17, 1999. This was a 2 for 1
split, meaning for each share of PMCS 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. PMCS's third split took place on February 14, 2000. This was a 2 for 1
split, meaning for each share of PMCS owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as PMCS 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 PMCS split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PMCS shares, starting with a $10,000 purchase of PMCS, presented on a split-history-adjusted basis factoring in the complete PMCS split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/29/2014 |
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| End date: |
04/04/2016 |
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| Start price/share: |
$6.93 |
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| End price/share: |
$11.65 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
68.11% |
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| Average Annual Total Return: |
30.81% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,811.73 |
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| Years: |
1.93 |
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| Date |
Ratio |
| 10/05/1995 | 2 for 1
| | 05/17/1999 | 2 for 1
| | 02/14/2000 | 2 for 1
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