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 Video: What is a Stock Split?
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| Ultratech develops, manufactures and markets photolithography, laser thermal processing, and inspection equipment for manufacturers of semiconductor devices, including packaging processes and various nanotechnology components such as thin film head magnetic recording devices, laser diodes, high-brightness light emitting diodes as well as atomic layer deposition systems for customers located throughout North America, Europe, Singapore, Japan, Taiwan, Korea and the rest of Asia. Co. provides two series of 1X lithography systems for use in the semiconductor fabrication process, the 1000 series and the AP series. For the packaging market, Co. provides its AP series built on the Unity Platform®. According to our UTEK split history records, UTEK has had 1 split. | |
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UTEK (UTEK) has 1 split in our UTEK split history database. The split for UTEK took place on May 11, 1995. This was a 2 for 1
split, meaning for each share of UTEK 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 UTEK 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 UTEK 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 UTEK shares, starting with a $10,000 purchase of UTEK, presented on a split-history-adjusted basis factoring in the complete UTEK split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
05/26/2017 |
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| Start price/share: |
$26.23 |
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| End price/share: |
$30.23 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
15.25% |
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| Average Annual Total Return: |
4.69% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,524.56 |
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| Years: |
3.10 |
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| Date |
Ratio |
| 05/11/1995 | 2 for 1
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