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 Video: What is a Stock Split?
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| Verisign is a provider of domain name registry services and internet infrastructure, enabling internet navigation for various domain names. Co. enables the security, stability, and resiliency of key internet infrastructure and services, including providing root zone maintainer services, operating various global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce. Co. operates the authoritative directory of and/or the back-end systems for all .com, .net, .cc, .gov, .edu and .name domain names, among others. Co. also provides internationalized domain name services. According to our VRSN split history records, Verisign has had 2 splits. | |
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Verisign (VRSN) has 2 splits in our VRSN split history database. The first split for VRSN took place on June 01, 1999. This was a 2 for 1
split, meaning for each share of VRSN 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. VRSN's second split took place on December 07, 1999. This was a 2 for 1
split, meaning for each share of VRSN owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Verisign 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 VRSN split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Verisign shares, starting with a $10,000 purchase of VRSN, presented on a split-history-adjusted basis factoring in the complete VRSN split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/09/2014 |
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| End date: |
10/07/2024 |
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| Start price/share: |
$55.25 |
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| End price/share: |
$184.37 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
233.70% |
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| Average Annual Total Return: |
12.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$33,360.64 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/01/1999 | 2 for 1
| | 12/07/1999 | 2 for 1
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