|Free Dividend Report|
|Stock Splits Calendar|
|SOFO Stock Split History|
|Preferred Stock Newsletter|
|Top Option Ideas|
|Stock Message Boards|
SOFO (SOFO) has 2 splits in our SOFO split history database. The first split for SOFO took place on May 01, 2000. This was a 2 for 1 split, meaning for each share of SOFO 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. SOFO's second split took place on November 17, 2009. This was a 1 for 10 reverse split, meaning for each 10 shares of SOFO owned pre-split, the shareholder now owned 1 share. For example, a 2000 share position pre-split, became a 200 share position following the split.
When a company such as SOFO 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. When a company such as SOFO 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 SOFO split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SOFO shares, starting with a $10,000 purchase of SOFO, presented on a split-history-adjusted basis factoring in the complete SOFO split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-11.04%|
|Sonic Foundry provides video capture, management and webcasting solutions in education, business and government. Co.'s products and services include: Mediasite Video Platform, which publishes, streams, manages, searches and analyzes video; Mediasite Video Cloud, a software as a service solution that publishes, streams, manages, searches and analyzes video; Mediasite Capture Solutions, which provides options to record and upload any video-based content; Mediasite Events, which provides live and on-demand webcasting services and supplies turnkey streaming solutions for events; and Mediasite Services, which includes integration service, installation services, and training services. According to our SOFO split history records, SOFO has had 2 splits.|
|SOFO Split History Table|
|05/01/2000||2 for 1|
|11/17/2009||1 for 10|
|Technology Stock Splits|
|SOFO 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: SOFO shares outstanding history