Why Intuitive Surgical Split Its Shares in 2017

Investors know Intuitive Surgical (NASDAQ: ISRG) as a pioneer in the medical device industry, with its robotic surgical systems having revolutionized the way that doctors perform key procedures. This year, Intuitive Surgical was a pioneer in another respect: It decided to do a stock split. In an environment in which many companies have simply let their share prices run ever higher without splitting their shares, Intuitive Surgical's decision came as somewhat of a surprise to some investors.

As you can see below, there were some good reasons for the company to do a stock split, and shareholders are right to see it as a vote of confidence in Intuitive Surgical's future.

Split Date

Source: Fool.com