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UPIP (UPIP) has 1 split in our UPIP split history database. The split for UPIP took place on January 06, 2016. This was a 1 for 12 reverse split, meaning for each 12 shares of UPIP owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 83.3333333333333 share position following the split.
When a company such as UPIP 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 UPIP split history from start to finish, an original position size of 1000 shares would have turned into 83.3333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into UPIP shares, starting with a $10,000 purchase of UPIP, presented on a split-history-adjusted basis factoring in the complete UPIP split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-18.84%|
|Unwired Planet is an intellectual property licensing company with approximately 2,500 mobile technology patents and patent applications as of June 30, 2014. The patents cover a range of technology associated with mobile communications. Co. pursues licensing in three main markets: mobile cloud and services, infrastructure related to wireless networks and mobile devices. According to our UPIP split history records, UPIP has had 1 split.|
|UPIP Split History Table|
|01/06/2016||1 for 12|
|Technology Stock Splits|
|UPIP is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:|