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 Video: What is a Stock Split?
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| Varonis System provides data security and analytics. Co.'s software focuses on data protection, data privacy and compliance. Co.'s software enables enterprises to protect data stored on-premises and in the cloud including: sensitive files and emails; confidential personal data belonging to customers, patients and employees; financial records; strategic and product plans; and other intellectual property. The Varonis Data Security Platform helps enterprises protect data against cyberattacks from internal and external threats. Co.'s Data Security Platform prevents or limits unauthorized use of sensitive information, prevents potential cyberattacks and limits damage by locking down data. According to our VRNS split history records, Varonis System has had 1 split. | |
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Varonis System (VRNS) has 1 split in our VRNS split history database. The split for VRNS took place on March 15, 2021. This was a 3 for 1 split, meaning for each share of VRNS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Varonis System 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 VRNS split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Varonis System shares, starting with a $10,000 purchase of VRNS, presented on a split-history-adjusted basis factoring in the complete VRNS split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/03/2014 |
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| End date: |
01/27/2023 |
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| Start price/share: |
$14.40 |
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| End price/share: |
$26.73 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
85.62% |
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| Average Annual Total Return: |
7.19% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,563.60 |
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| Years: |
8.91 |
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| Date |
Ratio |
| 03/15/2021 | 3 for 1 |
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