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Video: What is a Stock Split?


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Astrotech is a science and technology development and commercialization company. Co.'s efforts are focused on the following subsidiaries: 1st Detect Corporation, which is a manufacturer of chemical detection technology that detects and identifies trace amounts of explosives and narcotics; Astrogenetix, Inc., which was developing next-generation vaccines; and Astral Images Corporation, which is a developer of film restoration and enhancement software. Co.'s product portfolio consists of the following products: MMS 1000™, OEM 1000, MMS 2000, TRACER 1000, Astral Black ICE™, Astral Color ICE™, Astral HDR ICE™ and Astral HSDR ICE™. According to our Astrotech stock split history records, Astrotech has had 1 split.
Astrotech stock split history picture
Astrotech (ASTC) has 1 split in our Astrotech stock split history database. The split for ASTC took place on October 16, 2017. This was a 1 for 5 reverse split, meaning for each 5 shares of ASTC owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.

When a company such as Astrotech 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 Astrotech stock split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Astrotech shares, starting with a $10,000 purchase of ASTC, presented on a split-history-adjusted basis factoring in the complete Astrotech stock split history. Astrotech split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 12/15/2008
End date: 12/12/2018
Start price/share: $1.75
End price/share: $3.40
Dividends collected/share: $0.00
Total return: 94.29%
Average Annual Total Return: 6.87%
Starting investment: $10,000.00
Ending investment: $19,430.28
Years: 10.00
Date Ratio
10/16/20171 for 5
ASTC is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:

ASTE Split History
ASV Split History
ATA Split History
ATK Split History
ATRO Split History
ATU Split History
AUO Split History
AVT Split History
AVX Split History
AXE Split History

Also explore: ASTC shares outstanding history


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