EMA (EMA) has 1 split in our EMA split history
database. The split for EMA took place on November 03, 2006. This was a 1 for 10 reverse split, meaning for each 10 shares of EMA 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 EMA 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 EMA 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 EMA shares, starting with a $10,000 purchase of EMA, presented on a split-history-adjusted basis factoring in the complete EMA split history.
EMA -- use the split history when considering split-adjusted past price performance.
|The Company designs develops manufactures and markets virtual imaging products which utilize OLEDs or organic light emitting diodes OLED-on-silicon microdisplays and related information technology solutions. According to our EMA split history records, EMA has had 1 split.|
|11/03/2006||1 for 10|