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 Video: What is a Stock Split?
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| Simulations Plus is a developer of modeling and simulation software for drug discovery and development, including the prediction of properties of molecules utilizing both artificial intelligence (AI) as well as machine-based technology. Co. also provides consulting services ranging from early drug discovery through preclinical and clinical trial development to regulatory submissions in support of product approval. Co.'s software and consulting services are provided to pharmaceutical, biotechnology, agrochemical, cosmetics, and food industry companies and academic and regulatory agencies worldwide for use in the conduct of industry-based research. According to our SLP split history records, Simulations Plus has had 2 splits. | |
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Simulations Plus (SLP) has 2 splits in our SLP split history database. The first split for SLP took place on August 14, 2006. This was a 2 for 1 split, meaning for each share of SLP 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. SLP's second split took place on October 02, 2007. This was a 2 for 1 split, meaning for each share of SLP 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 Simulations Plus 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 SLP 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 Simulations Plus shares, starting with a $10,000 purchase of SLP, presented on a split-history-adjusted basis factoring in the complete SLP split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$6.15 |
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| End price/share: |
$44.41 |
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| Starting shares: |
1,626.02 |
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| Ending shares: |
1,863.51 |
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| Dividends reinvested/share: |
$2.26 |
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| Total return: |
727.59% |
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| Average Annual Total Return: |
23.54% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$82,760.75 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$6.15 |
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| End price/share: |
$44.41 |
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| Dividends collected/share: |
$2.26 |
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| Total return: |
658.86% |
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| Average Annual Total Return: |
22.47% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$75,867.54 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/14/2006 | 2 for 1 | | 10/02/2007 | 2 for 1 |
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