Split History
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CDN (CDN) has 3 splits in our CDN split history database. The first split for CDN took place on October 31, 1995. This was a 3 for 2 split, meaning for each 2 shares of CDN owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. CDN's second split took place on June 03, 1996. This was a 3 for 2 split, meaning for each 2 shares of CDN owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. CDN's third split took place on November 17, 1997. This was a 2 for 1 split, meaning for each share of CDN owned pre-split, the shareholder now owned 2 shares. For example, a 2250 share position pre-split, became a 4500 share position following the split.
When a company such as CDN 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 CDN split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CDN shares, starting with a $10,000 purchase of CDN, presented on a split-history-adjusted basis factoring in the complete CDN split history.
CDN -- use the split history when considering split-adjusted past price performance.
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| About CDN |
| License electronic design automation EDA software sell or lease EDA hardware technology and intellectual property and provide design and methodology services throughout the world to help manage and accelerate electronic product development processes. According to our CDN split history records, CDN has had 3 splits. |
| CDN Split History Table | |
| Date | Ratio |
| 10/31/1995 | 3 for 2 |
| 06/03/1996 | 3 for 2 |
| 11/17/1997 | 2 for 1 |
| Industrials Stock Splits |
| CDN is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:
CEA Split History
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