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Video: What is a Stock Split?
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Video Display is a provider and manufacturer of video products, components, and systems for visual display and presentation of electronic information media. Co. is organized into four interrelated operations: Simulation and Training Products, which provides projection display systems for use in training and simulation, military, medical, and industrial applications; Data Display cathode ray tubes (CRTs), which provides CRTs for use in data display screens; Broadcast and Control Center Products, which provides visual display products for use in video walls and command and control centers; as well as Cyber Secure Products, which provides TEMPEST technology and Emanation Security products. According to our VIDE split history records, VIDE has had 2 splits. | |
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VIDE (VIDE) has 2 splits in our VIDE split history database. The first split for VIDE took place on March 28, 2001. This was a 120 for 100 split, meaning for each 100 shares of VIDE owned pre-split, the shareholder now owned 120 shares. For example, a 1000 share position pre-split, became a 1200 share position following the split. VIDE's second split took place on November 02, 2004. This was a 2 for 1 split, meaning for each share of VIDE owned pre-split, the shareholder now owned 2 shares. For example, a 1200 share position pre-split, became a 2400 share position following the split.
When a company such as VIDE 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 VIDE split history from start to finish, an original position size of 1000 shares would have turned into 2400 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into VIDE shares, starting with a $10,000 purchase of VIDE, presented on a split-history-adjusted basis factoring in the complete VIDE split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/17/2014 |
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End date: |
09/13/2024 |
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Start price/share: |
$2.81 |
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End price/share: |
$1.04 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-62.99% |
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Average Annual Total Return: |
-9.46% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3,702.74 |
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Years: |
10.00 |
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Date |
Ratio |
03/28/2001 | 120 for 100 | 11/02/2004 | 2 for 1 |
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