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 Video: What is a Stock Split?
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| TransAct Technologies is engaged in developing and selling software-driven technology and printing solutions. Co.'s products, services and distribution methods include: Printers, Terminals and Other Hardware, which designs, develops and markets transaction-based and other printers and terminals utilizing thermal and inkjet printing technology for applications; Casino and Gaming, which sells several models of printers used in slot machines and video lottery terminals and other gaming machines; and Lottery, which supplies lottery printers to International Gaming Technology and its subsidiaries, a provider of lottery terminals. Co. also provides telephone sales and technical support. According to our TACT split history records, TransAct Technologies has had 1 split. |
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TransAct Technologies (TACT) has 1 split in our TACT split history database. The split for TACT took place on April 05, 2004. This was a 3 for 2 split, meaning for each 2 shares of TACT owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as TransAct Technologies 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 TACT split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TransAct Technologies shares, starting with a $10,000 purchase of TACT, presented on a split-history-adjusted basis factoring in the complete TACT split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
07/02/2010 |
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| End date: |
07/01/2020 |
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| Start price/share: |
$7.34 |
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| End price/share: |
$4.59 |
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| Starting shares: |
1,362.40 |
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| Ending shares: |
1,773.72 |
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| Dividends reinvested/share: |
$2.35 |
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| Total return: |
-18.59% |
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| Average Annual Total Return: |
-2.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,144.83 |
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| Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/02/2010 |
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| End date: |
07/01/2020 |
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| Start price/share: |
$7.34 |
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| End price/share: |
$4.59 |
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| Dividends collected/share: |
$2.35 |
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| Total return: |
-5.45% |
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| Average Annual Total Return: |
-0.56% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,453.61 |
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| Years: |
10.01 |
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| Date |
Ratio |
| 04/05/2004 | 3 for 2 |
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