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 Video: What is a Stock Split?
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| Wireless Telecom Group comprises Test and Measurement business that provides radio frequency (RF) and microwave test equipment and low phase noise RF synthesizers to equipment manufacturers, aerospace and defense companies, military and government agencies, satellite communication companies, semiconductor companies and technology companies. Co.'s products include RF power meters, sensors and analyzers, RF synthesizers, noise generators and components and phased noise analyzers. Co.'s services include calibration, repair and maintenance. Co.'s customers use its products in the testing of satellite communication systems, radar systems, semiconductor manufacturing and for quantum computing. According to our WTT split history records, WTT has had 3 splits. | |
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WTT (WTT) has 3 splits in our WTT split history database. The first split for WTT took place on November 29, 1994. This was a 2 for 1
split, meaning for each share of WTT 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. WTT's second split took place on July 19, 1995. This was a 3 for 2
split, meaning for each 2
shares of WTT owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. WTT's third split took place on May 29, 1996. This was a 2 for 1
split, meaning for each share of WTT owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as WTT 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 WTT split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into WTT shares, starting with a $10,000 purchase of WTT, presented on a split-history-adjusted basis factoring in the complete WTT split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
08/04/2023 |
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| Start price/share: |
$2.46 |
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| End price/share: |
$2.13 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-13.41% |
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| Average Annual Total Return: |
-1.62% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,656.98 |
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| Years: |
8.83 |
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| Date |
Ratio |
| 11/29/1994 | 2 for 1
| | 07/19/1995 | 3 for 2
| | 05/29/1996 | 2 for 1
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