From a Valued LONG.....That ALSO Understands SS...
Post# of 22940
"last spring they converted common shares to preferred and gave them as payment to consultants.....which after 6 months those preferred could be converted back to common shares to be sold. with the MRVB they are literally purchasing shares on the open market WITH CASH and retiring the certificates which reduces the AS. big difference....these shares being/going to be purchased will not touch the market again....unless there is a forward split."
And...as Mentioned Prior....FS is a GOOD Thing......Down the Road.....And By the Way MSFT was Stagnate the Entire First Year.....(Before Angel Investors were a concept......)
Microsoft stock split history picture
Microsoft (MSFT) has 9 splits in our Microsoft stock split history database. The first split for MSFT took place on September 21, 1987. This was a 2 for 1 split, meaning for each share of MSFT 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. MSFT's second split took place on April 16, 1990. This was a 2 for 1 split, meaning for each share of MSFT owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. MSFT's third split took place on June 27, 1991. This was a 3 for 2 split, meaning for each 2 shares of MSFT owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 6000 share position following the split. MSFT's 4th split took place on June 15, 1992. This was a 3 for 2 split, meaning for each 2 shares of MSFT owned pre-split, the shareholder now owned 3 shares. For example, a 6000 share position pre-split, became a 9000 share position following the split. MSFT's 5th split took place on May 23, 1994. This was a 2 for 1 split, meaning for each share of MSFT owned pre-split, the shareholder now owned 2 shares. For example, a 9000 share position pre-split, became a 18000 share position following the split. MSFT's 6th split took place on December 09, 1996. This was a 2 for 1 split, meaning for each share of MSFT owned pre-split, the shareholder now owned 2 shares. For example, a 18000 share position pre-split, became a 36000 share position following the split. MSFT's 7th split took place on February 23, 1998. This was a 2 for 1 split, meaning for each share of MSFT owned pre-split, the shareholder now owned 2 shares. For example, a 36000 share position pre-split, became a 72000 share position following the split. MSFT's 8th split took place on March 29, 1999. This was a 2 for 1 split, meaning for each share of MSFT owned pre-split, the shareholder now owned 2 shares. For example, a 72000 share position pre-split, became a 144000 share position following the split. MSFT's 9th split took place on February 18, 2003. This was a 2 for 1 split, meaning for each share of MSFT owned pre-split, the shareholder now owned 2 shares. For example, a 144000 share position pre-split, became a 288000 share position following the split.
When a company such as Microsoft 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 Microsoft stock split history from start to finish, an original position size of 1000 shares would have turned into 288000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Microsoft shares, starting with a $10,000 purchase of MSFT, presented on a split-history-adjusted basis factoring in the complete Microsoft stock split history.