|Free Dividend Report|
|Stock Splits Calendar|
|ALTI Stock Split History|
|Preferred Stock Newsletter|
|Top Option Ideas|
|ALTI Message Board|
ALTI (ALTI) has 1 split in our ALTI split history database. The split for ALTI took place on December 18, 2012. This was a 1 for 6 reverse split, meaning for each 6 shares of ALTI owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 166.666666666667 share position following the split.
When a company such as ALTI 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 ALTI split history from start to finish, an original position size of 1000 shares would have turned into 166.666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ALTI shares, starting with a $10,000 purchase of ALTI, presented on a split-history-adjusted basis factoring in the complete ALTI split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-43.52%|
|Altair Nanotechnologies is engaged in developing, manufacturing and selling nano lithium titanate batteries and battery systems. Co. manufactures a range of cells, modules, packs and energy storage systems, including 24V, 36V, and 48V industrial and transportation systems, a configurable industrial PowerRack system, and systems for the electric grid. Co.'s primary focus is marketing its energy storage solutions to power companies and electric grid operators. Co. also markets its battery products to electric and hybrid-electric mass-transit vehicle manufacturers. Co. also provides contract research services on select projects. Co. has two segments: Power and Energy Group; and All Other. According to our ALTI split history records, ALTI has had 1 split.|
|ALTI Split History Table|
|12/18/2012||1 for 6|
|Industrials Stock Splits|
|ALTI is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:|