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Video: What is a Stock Split?
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Vislink Technologies is a global technology business engaging in collecting, delivering, and managing live video and associated data from the action scene to the viewing screen. Co. provides solutions for collecting live news, sports, and entertainment events for the broadcast markets. Co. also furnishes the surveillance and defense markets with real-time video intelligence solutions using various transmission products. Co.'s team also provides technical services utilizing its technology capabilities in the terrestrial microwave, satellite, fiber optic, surveillance, and wireless communications systems delivering a spectrum of customer solutions. According to our Vislink Technologies stock split history records, Vislink Technologies has had 3 splits. | |
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Vislink Technologies (VISL) has 3 splits in our Vislink Technologies stock split history database. The first split for VISL took place on May 13, 2019. This was a 1 for 10 reverse split, meaning for each 10 shares of VISL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split. VISL's second split took place on August 03, 2020. This was a 1 for 6 reverse split, meaning for each 6 shares of VISL owned pre-split, the shareholder now owned 1 share. For example, a 100 share position pre-split, became a 16.6666666666667 share position following the split. VISL's third split took place on May 01, 2023. This was a 1 for 20 reverse split, meaning for each 20 shares of VISL owned pre-split, the shareholder now owned 1 share. For example, a 16.6666666666667 share position pre-split, became a 0.833333333333333 share position following the split.
When a company such as Vislink Technologies 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 Vislink Technologies stock split history from start to finish, an original position size of 1000 shares would have turned into 0.833333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Vislink Technologies shares, starting with a $10,000 purchase of VISL, presented on a split-history-adjusted basis factoring in the complete Vislink Technologies stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$2,220.00 |
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End price/share: |
$3.64 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.84% |
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Average Annual Total Return: |
-47.35% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16.40 |
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Years: |
10.00 |
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Date |
Ratio |
05/13/2019 | 1 for 10 | 08/03/2020 | 1 for 6 | 05/01/2023 | 1 for 20 |
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