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Video: What is a Stock Split?
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Rofin-Sinar Technologies is involved in the design, development, engineering, manufacturing and marketing of laser sources and laser-based system solutions for industrial material processing applications, which include primarily cutting, welding and marking a range of materials. Co. provides a range of laser products and related services for three principal material processing applications: cutting, welding, and surface treatment (macro applications); marking and engraving; and fine cutting, spot and seam welding, micro drilling, scribing, perforating, and fine structuring/ablation (micro applications). According to our RSTI split history records, RSTI has had 1 split. | |
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RSTI (RSTI) has 1 split in our RSTI split history database. The split for RSTI took place on December 06, 2007. This was a 2 for 1 split, meaning for each share of RSTI 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 RSTI 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 RSTI 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 RSTI shares, starting with a $10,000 purchase of RSTI, presented on a split-history-adjusted basis factoring in the complete RSTI split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/10/2014 |
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End date: |
11/07/2016 |
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Start price/share: |
$20.78 |
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End price/share: |
$32.55 |
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Dividends collected/share: |
$0.00 |
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Total return: |
56.64% |
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Average Annual Total Return: |
24.09% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,664.67 |
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Years: |
2.08 |
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Date |
Ratio |
12/06/2007 | 2 for 1 |
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