ALVR (ALVR) has 1 split in our
ALVR split history database. The split for ALVR took place on April 02, 2013. This was a 1 for 10 reverse split, meaning for each 10 shares of ALVR 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.
When a company such as ALVR 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 ALVR 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 ALVR shares, starting with a $10,000 purchase of ALVR, presented on a split-history-adjusted basis factoring in the complete ALVR split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
09/17/2009 |
|
| End date: |
01/15/2014 |
|
| Start price/share: |
$42.00 |
|
| End price/share: |
$0.57 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-98.64% |
|
| Average Annual Total Return: |
-62.94% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$135.74 |
|
| Years: |
4.33 |
|
 |
|
| Alvarion provides optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of telecom operators, smart cities (a vertical segment which uses technology to enhance sustainability, citizen well-being and economic development through applications such as traffic monitoring, Internet access in public venues, utility metering etc.), security (police and other safety agencies), enterprise customers, and carrier grade outdoor Wi-Fi solutions, offering a variety of different products for Wi-Fi access and 3rd Generation cellular technologies (3G) off-load applications. Co.'s solutions are based on multiple technologies across various unlicensed spectrums. According to our ALVR split history records, ALVR has had 1 split. |
| Date |
Ratio |
| 04/02/2013 | 1 for 10 |
Split History
