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Video: What is a Stock Split?
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Innovative Solutions and Support designs, develops, manufactures, sells and services air data equipment, engine display systems, standby equipment, primary flight guidance, autothrottles and cockpit display systems for retrofit applications and original equipment manufacturers. Co. supplies Flight Management Systems, Flat Panel Display Systems (FPDS), FPDS with Autothrottle, air data equipment, Integrated Standby Units (ISU), Standby ISU with Autothrottle Systems and GPS receivers that enable reduced carbon footprint navigation. Co. develops, manufactures and markets engine and fuel displays. Co. also provides the Utilities Management System which integrates a range of aircraft functions. According to our Innovative Solutions and Support stock split history records, Innovative Solutions and Support has had 1 split. | |
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Innovative Solutions and Support (ISSC) has 1 split in our Innovative Solutions and Support stock split history database. The split for ISSC took place on July 08, 2005. This was a 3 for 2 split, meaning for each 2 shares of ISSC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Innovative Solutions and Support 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 Innovative Solutions and Support stock split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Innovative Solutions and Support shares, starting with a $10,000 purchase of ISSC, presented on a split-history-adjusted basis factoring in the complete Innovative Solutions and Support stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$7.19 |
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End price/share: |
$6.38 |
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Starting shares: |
1,390.82 |
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Ending shares: |
1,614.22 |
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Dividends reinvested/share: |
$1.15 |
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Total return: |
2.99% |
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Average Annual Total Return: |
0.29% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,293.90 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$7.19 |
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End price/share: |
$6.38 |
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Dividends collected/share: |
$1.15 |
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Total return: |
4.74% |
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Average Annual Total Return: |
0.46% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,469.77 |
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Years: |
10.00 |
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Date |
Ratio |
07/08/2005 | 3 for 2 |
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