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Video: What is a Stock Split?
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Universal Electronics designs, develops, manufactures, ships and supports control and sensor technology solutions and universal control systems, audio-video (AV) accessories, wireless security and smart home products that are used by various brands in the video services, consumer electronics, climate control, security, safety, home automation and home appliance markets. Co.'s product offerings include: programmed universal remote controls; integrated circuits; wall-mount and handheld thermostat controllers and connected accessories; standards-based radio frequency sensors; AV accessories; software, firmware and technology solutions; cloud-services; and embedded and cloud-enabled software. According to our UEIC split history records, Universal Electronics has had 1 split. | |
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Universal Electronics (UEIC) has 1 split in our UEIC split history database. The split for UEIC took place on February 01, 2000. This was a 2 for 1
split, meaning for each share of UEIC 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.
When a company such as Universal Electronics 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 UEIC split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Universal Electronics shares, starting with a $10,000 purchase of UEIC, presented on a split-history-adjusted basis factoring in the complete UEIC split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
10/04/2024 |
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Start price/share: |
$47.73 |
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End price/share: |
$8.48 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-82.23% |
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Average Annual Total Return: |
-15.87% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,776.27 |
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Years: |
10.00 |
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Date |
Ratio |
02/01/2000 | 2 for 1
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