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Video: What is a Stock Split?
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STAAR Surgical Co. designs, develops, manufactures, and sells implantable lenses for the eye and accessory delivery systems used to deliver the lenses into the eye. These lenses provide visual freedom for patients, lessening or eliminating the reliance on glasses or contact lenses. Co. is a manufacturer of lenses used worldwide in corrective or refractive surgery. It sells its products in approximately 75 countries, with direct distribution in Japan, Germany, Spain, the U.S., Canada, the United Kingdom, and Singapore, with a combination of direct distribution and independent distribution in China, Korea, India, France, Benelux, and Italy. According to our STAA split history records, Staar Surgical has had 1 split. | |
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Staar Surgical (STAA) has 1 split in our STAA split history database. The split for STAA took place on May 18, 1992. This was a 1 for 2
reverse split, meaning for each 2
shares of STAA owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 500 share position following the split.
When a company such as Staar Surgical conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the STAA split history from start to finish, an original position size of 1000 shares would have turned into 500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Staar Surgical shares, starting with a $10,000 purchase of STAA, presented on a split-history-adjusted basis factoring in the complete STAA split history.

Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/17/2015 |
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End date: |
02/12/2025 |
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Start price/share: |
$6.66 |
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End price/share: |
$16.48 |
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Dividends collected/share: |
$0.00 |
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Total return: |
147.45% |
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Average Annual Total Return: |
9.49% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,747.36 |
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Years: |
9.99 |
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Date |
Ratio |
05/18/1992 | 1 for 2
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