When a company such as UNTK 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 UNTK split history from start to finish, an original position size of 1000 shares would have turned into 35.7142857142857 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into UNTK shares, starting with a $10,000 purchase of UNTK, presented on a split-history-adjusted basis factoring in the complete UNTK split history.

About UNTK

UniTek Global Services is a provider of outsourced infrastructure services, providing a suite of technical services to customers in the satellite television, wireless telecommunications, public safety, and broadband cable industries in the U.S. and Canada. Co. has two segments: Fulfillment, which provides installation and fulfillment services to customers in the satellite television and broadband cable industries; and Engineering and Construction, which provides infrastructure services, systems integration for public safety and land mobile radio applications, construction and project management services to customers in the wireless telecommunications and public safety industries. According to our UNTK split history records, UNTK has had 1 split.

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