 |
 Video: What is a Stock Split?
|
|
|
| Trio-Tech International provides third-party semiconductor testing and burn-in services. Co. also designs, manufactures and markets equipment and systems to be used in the testing and production of semiconductors and distributes semiconductor processing and testing equipment manufactured by other vendors. Co.'s segments are: the testing service industry, which performs structural and electronic tests of semiconductor devices; the designing and manufacturing of equipment, which assemble equipment that tests the structural integrity of integrated circuits and other products; distribution of various products from other manufacturers in Singapore and Asia; and the real estate segment in China. According to our TRT split history records, Trio-Tech International has had 1 split. | |
|
Trio-Tech International (TRT) has 1 split in our TRT split history database. The split for TRT took place on October 08, 1997. This was a 3 for 2
split, meaning for each 2
shares of TRT 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 Trio-Tech International 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 TRT 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 Trio-Tech International shares, starting with a $10,000 purchase of TRT, presented on a split-history-adjusted basis factoring in the complete TRT split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/22/2014 |
|
| End date: |
04/18/2024 |
|
| Start price/share: |
$3.37 |
|
| End price/share: |
$6.33 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
87.83% |
|
| Average Annual Total Return: |
6.51% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$18,785.76 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 10/08/1997 | 3 for 2
|
|
|
Free TRT Email Alerts:
