When a company such as Cirrus Logic 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 CRUS split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cirrus Logic shares, starting with a $10,000 purchase of CRUS, presented on a split-history-adjusted basis factoring in the complete CRUS split history.

About Cirrus Logic

Cirrus Logic is engaged in mixed-signal processing solutions. Co.'s product line categories are audio and high-performance mixed-signal (HPMS). Co. is a supplier of audio components that are used in a variety of applications including smartphones and other audio systems. Co. has a portfolio of products: codecs, which are components that integrate analog-to-digital converters and digital-to-analog converters into a single integrated circuit (IC); smart codecs, which are codecs with integrated digital signal processing; boosted amplifiers; and standalone digital signal processors. Co. provides a range of HPMS products, including haptic and sensing solutions, and battery and power ICs. According to our CRUS split history records, Cirrus Logic has had 1 split.

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