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Video: What is a Stock Split?
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SoundThinking provides precision-policing and security solutions for law enforcement and security personnel. Co.'s public safety solution, ShotSpotter Respond, is an outdoor gunshot detection, location and alerting system. Co.'s patrol management software, ShotSpotter Connect, uses artificial intelligence-driven analysis to help plan directed patrols and have use of tactics to deter a set of crime types. Co.'s security solutions, ShotSpotter SecureCampus and ShotSpotter SiteSecure, are designed to help law enforcement and security personnel serving universities, corporate campuses, big-box retail, malls and primary infrastructure or transportation centers mitigate risk and improve security. According to our SSTI split history records, SoundThinking has had 1 split. | |
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SoundThinking (SSTI) has 1 split in our SSTI split history database. The split for SSTI took place on August 14, 2000. This was a 3 for 1 split, meaning for each share of SSTI owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as SoundThinking 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 SSTI split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SoundThinking shares, starting with a $10,000 purchase of SSTI, presented on a split-history-adjusted basis factoring in the complete SSTI split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/08/2017 |
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End date: |
03/27/2024 |
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Start price/share: |
$12.90 |
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End price/share: |
$15.52 |
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Dividends collected/share: |
$0.00 |
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Total return: |
20.31% |
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Average Annual Total Return: |
2.75% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,027.66 |
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Years: |
6.81 |
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Date |
Ratio |
08/14/2000 | 3 for 1 |
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