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Video: What is a Stock Split?
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Verint Systems Inc. helps brands increase customer experience (CX) automation with its differentiated AI-powered Open Platform. AI-powered platforms are specifically designed for the customer engagement domain to increase the level of their CX automation rather than hire additional employees. Co.'s Verint Open Platform is designed to help brands increase CX automation across all touchpoints between their organization and their customers: in the contact center, back office, branch, websites, and mobile apps. Its platform is differentiated based on an open approach and an architecture with behavioral data and Verint Da Vinci AI at the platform core. According to our VRNT split history records, Verint Systems has had 1 split. | |
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Verint Systems (VRNT) has 1 split in our VRNT split history database. The split for VRNT took place on February 02, 2021. This was a 1963 for 1000 split, meaning for each 1000 shares of VRNT owned pre-split, the shareholder now owned 1963 shares. For example, a 1000 share position pre-split, became a 1963 share position following the split.
When a company such as Verint Systems 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 VRNT split history from start to finish, an original position size of 1000 shares would have turned into 1963 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Verint Systems shares, starting with a $10,000 purchase of VRNT, presented on a split-history-adjusted basis factoring in the complete VRNT split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/16/2014 |
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End date: |
12/13/2024 |
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Start price/share: |
$28.50 |
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End price/share: |
$29.01 |
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Dividends collected/share: |
$0.00 |
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Total return: |
1.79% |
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Average Annual Total Return: |
0.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,181.47 |
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Years: |
10.00 |
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Date |
Ratio |
02/02/2021 | 1963 for 1000 |
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