Stock splits might bring 25.4% annual returns?

$Amazon (AMZN.US)$ 's 20-for-1 split takes effect on Monday, which is today.

$Shopify (SHOP.US)$ is planning a 10-for-1 split which will become payable on June 28

$Alphabet-A (GOOGL.US)$ 20-for-1 stock split coming on July 15

$Tesla (TSLA.US)$ shareholders will vote on the proposed stock split on Aug. 4

$Nintendo (ADR) (NTDOY.US)$ planning a 10-for-1 stock split which will take effect on Oct. 1

According to  $Bank of America (BAC.US)$ , S&P 500 companies that announced stock splits since 1980 have returned an average of 25.4% over the following 12 months, versus the $S&P 500 Index (.SPX.US)$ ’s average return of 9% over the same period.

Source:
After stock splits for Alphabet and Amazon, here’s who might be next
7 Big Stock Splits to Watch in 2022