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Video: What is a Stock Split?
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Pinnacle Data Systems is a provider of electronics repair and reverse logistics services; system integration and original design manufacturer computing design and manufacturing services; and embedded computing products and design services for the computing, telecommunications, imaging, defense/aerospace, medical, semiconductor and industrial automation markets. Co. provides a range of engineering and manufacturing services for global original equipment manufacturers. Co. operates two business segments: Products, which provides technical intellectual property in the form of product designs; and Service, which provides technical service and support programs. According to our PNS split history records, PNS has had 1 split. | |
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PNS (PNS) has 1 split in our PNS split history database. The split for PNS took place on November 01, 2000. This was a 2 for 1 split, meaning for each share of PNS 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 PNS 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 PNS 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 PNS shares, starting with a $10,000 purchase of PNS, presented on a split-history-adjusted basis factoring in the complete PNS split history.
PNS -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
11/01/2000 | 2 for 1 |
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