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Video: What is a Stock Split?
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Sigma Labs is a software company. The solution that Co. developed to solve this problem is In-Process-Quality-Assurance (IPQA®) software known as PrintRite3D®. The exisiting version of PrintRite3D® is an integrated hardware and software edge computing platform, or in-process quality assurance system, that combines inspection, feedback, data collection and critical analysis. PrintRite3D® provides a system that can scale to multi-laser 3D metal and polymer printers. The PrintRite3D® system detects potential anomalies in real-time and incorporates machine learning in conjunction with developed metrics to map those metrics to live post-process data. According to our SASI stock split history records, SASI has had 1 split. | |
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SASI (SASI) has 1 split in our SASI stock split history database. The split for SASI took place on September 22, 2023. This was a 1 for 20 reverse split, meaning for each 20 shares of SASI owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 50 share position following the split.
When a company such as SASI conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the SASI stock split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SASI shares, starting with a $10,000 purchase of SASI, presented on a split-history-adjusted basis factoring in the complete SASI stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
03/12/2024 |
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Start price/share: |
$3.20 |
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End price/share: |
$4.15 |
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Dividends collected/share: |
$0.00 |
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Total return: |
29.69% |
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Average Annual Total Return: |
2.65% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,973.60 |
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Years: |
9.95 |
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Date |
Ratio |
09/22/2023 | 1 for 20 |
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