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Video: What is a Stock Split?
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Synaptics is a developer and supplier of mixed signal semiconductor solutions that enable people to engage with connected devices and data. Co.'s served markets include Internet of Things, personal computer and Mobile. Co.'s solutions either consist of wireless, voice and speech, video, fingerprint, authentication, display driver, or touch semiconductor solutions, which include its hardware, firmware and software. Co.'s products solutions include Voice Over IP, Ultra-Low Power Edge AI, Wireless Connectivity, AudioSmart®, ConnectSmart, DisplayLink®, VideoSmart, ImagingSmart, Natural ID®, TouchPad, SecurePad, ClickPad, ForcePad®, ClearPad®, and Other Products. According to our Synaptics stock split history records, Synaptics has had 1 split. | |
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Synaptics (SYNA) has 1 split in our Synaptics stock split history database. The split for SYNA took place on September 02, 2008. This was a 3 for 2 split, meaning for each 2 shares of SYNA 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 Synaptics 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 Synaptics 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 Synaptics shares, starting with a $10,000 purchase of SYNA, presented on a split-history-adjusted basis factoring in the complete Synaptics stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$60.29 |
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End price/share: |
$87.57 |
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Dividends collected/share: |
$0.00 |
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Total return: |
45.25% |
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Average Annual Total Return: |
3.80% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$14,518.75 |
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Years: |
10.00 |
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Date |
Ratio |
09/02/2008 | 3 for 2 |
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