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Universal Electronics (UEIC) has 1 split in our UEIC split history database. The split for UEIC took place on February 01, 2000. This was a 2 for 1 split, meaning for each share of UEIC 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.
When a company such as Universal Electronics 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 UEIC 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 Universal Electronics shares, starting with a $10,000 purchase of UEIC, presented on a split-history-adjusted basis factoring in the complete UEIC split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||7.94%|
|About Universal Electronics|
|Universal Electronics develops control and sensor technology solutions and manufactures a line of pre-programmed and universal remote control products, audio-video accessories, and intelligent wireless security and smart home products. Co. provides subscription broadcasting providers with its universal remote control devices and integrated circuits, on which its software and device code libraries are embedded. Co. also sells integrated circuits, on which its software and device control code libraries are embedded, and licenses its device control database to original equipment manufacturers that manufacture televisions, digital audio and video players, streamer boxes, among others. According to our UEIC split history records, Universal Electronics has had 1 split.|
|UEIC Split History Table|
|02/01/2000||2 for 1|
|Consumer Stock Splits|
|UEIC is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: UEIC shares outstanding history