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 Video: What is a Stock Split?
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| Extreme Networks is a provider of cloud networking solutions and services and support. Co. designs, develops, and manufactures wired, wireless, and software-defined wide area-network infrastructure Co.'s products and services include: Cloud Networking Platform, in which Co.'s cloud platform and cloud management application, ExtremeCloud IQ, is an wired and wireless cloud network management solution that provides visibility and control over users, devices, and applications; and Automation, Analytics, and Security Applications, in which Co.'s ExtremeCloud IQ – Site Engine provides task automation, access control, granular visibility with real-time analytics and multi-vendor device management. According to our EXTR split history records, Extreme Networks has had 1 split. | |
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Extreme Networks (EXTR) has 1 split in our EXTR split history database. The split for EXTR took place on August 25, 2000. This was a 2 for 1 split, meaning for each share of EXTR 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.
When a company such as Extreme Networks 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 EXTR split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Extreme Networks shares, starting with a $10,000 purchase of EXTR, presented on a split-history-adjusted basis factoring in the complete EXTR split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$5.79 |
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| End price/share: |
$10.94 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
88.95% |
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| Average Annual Total Return: |
6.57% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,891.83 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/25/2000 | 2 for 1 |
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