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|ORBK Stock Split History|
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ORBK (ORBK) has 2 splits in our ORBK split history database. The first split for ORBK took place on December 01, 1999. This was a 3 for 2 split, meaning for each 2 shares of ORBK 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. ORBK's second split took place on September 18, 2000. This was a 3 for 2 split, meaning for each 2 shares of ORBK 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.
When a company such as ORBK 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 ORBK split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ORBK shares, starting with a $10,000 purchase of ORBK, presented on a split-history-adjusted basis factoring in the complete ORBK split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||24.96%|
|Orbotech is engaged in the design, development, manufacture, marketing and service of yield-enhancing and production solutions for the supply chain of the electronics industry. Co. is a provider of yield enhancement and production solutions for electronics reading, writing and connecting, used by manufacturers of printed circuit boards, flat panel displays, advanced packaging, micro-electro-mechanical systems and other electronic components. Co. operates in three business segments: Production Solutions for the Electronics Industry, Solar Energy and Recognition Software. According to our ORBK split history records, ORBK has had 2 splits.|
|ORBK Split History Table|
|12/01/1999||3 for 2|
|09/18/2000||3 for 2|
|Technology Stock Splits|
|ORBK is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: ORBK shares outstanding history