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Video: What is a Stock Split?
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ADTRAN Holdings is a holding company. Through its subsidiaries, Co. is a global provider of networking and communications platforms, software, systems and services focused on the broadband access market. Co.'s solutions and services enable voice, data, video and internet-communications across a variety of network infrastructures. Co. has the following reportable segments: Network Solutions Segment, which includes hardware and software products; and Services and Support Segment, which includes network design, implementation, maintenance and cloud-hosted services supporting Co.'s Subscriber, Access and Aggregation, and Optical Networking Solutions. According to our ADTN split history records, ADTRAN Holdings has had 2 splits. | |
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ADTRAN Holdings (ADTN) has 2 splits in our ADTN split history database. The first split for ADTN took place on May 15, 1995. This was a 2 for 1
split, meaning for each share of ADTN 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. ADTN's second split took place on December 16, 2003. This was a 2 for 1 split, meaning for each share of ADTN 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.
When a company such as ADTRAN Holdings 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 ADTN split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ADTRAN Holdings shares, starting with a $10,000 purchase of ADTN, presented on a split-history-adjusted basis factoring in the complete ADTN split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/09/2014 |
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End date: |
10/07/2024 |
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Start price/share: |
$18.77 |
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End price/share: |
$5.78 |
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Starting shares: |
532.77 |
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Ending shares: |
657.04 |
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Dividends reinvested/share: |
$3.24 |
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Total return: |
-62.02% |
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Average Annual Total Return: |
-9.23% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3,795.84 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/09/2014 |
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End date: |
10/07/2024 |
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Start price/share: |
$18.77 |
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End price/share: |
$5.78 |
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Dividends collected/share: |
$3.24 |
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Total return: |
-51.94% |
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Average Annual Total Return: |
-7.06% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,807.72 |
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Years: |
10.00 |
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Date |
Ratio |
05/15/1995 | 2 for 1
| 12/16/2003 | 2 for 1 |
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