AZA (AZA) has 3 splits in our AZA split history
database. The first split for AZA took place on July 09, 1986. This was a 2 for 1
split, meaning for each share of AZA owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. AZA's second split took place on December 19, 1991. This was a 2 for 1
split, meaning for each share of AZA owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. AZA's third split took place on November 16, 2000. This was a 2 for 1 split, meaning for each share of AZA owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as AZA splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. Looking at the AZA split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AZA shares, starting with a $10,000 purchase of AZA, presented on a split-history-adjusted basis factoring in the complete AZA split history.
AZA -- use the split history when considering split-adjusted past price performance.
|A research-based pharmaceutical company with leading drug delivery technologies whose sales and marketing efforts are focused in urology, oncology,and central nervous system. Products are developed for its own portfolio and other phamaceutical companies. According to our AZA split history records, AZA has had 3 splits.|
|07/09/1986||2 for 1
|12/19/1991||2 for 1
|11/16/2000||2 for 1|