When a company such as AEY 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 AEY split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AEY shares, starting with a $10,000 purchase of AEY, presented on a split-history-adjusted basis factoring in the complete AEY split history.

About AEY

ADDvantage Technologies Group provides wireless infrastructure services for wireless carriers, tower companies and equipment manufacturers, and distributes and services a line of electronics and hardware for the telecommunications industry. Co.'s segments are: Wireless Infrastructure Services, which provides wireless infrastructure services primarily consist of the installation and upgrade of technology on cell sites and the construction of new small cells for 5G; and Telecommunications, which provides telecommunication networking equipment, including both central office and customer premise equipment, as well as repair and testing services for telecommunications networking equipment. According to our AEY split history records, AEY has had 1 split.

AEY Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved