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Anaren is a provider of microelectronics, and microwave components and assemblies for the wireless and space and defense electronics markets. Co. conducts its business in two reportable segments: Wireless Group, which principal products include passive surface mount components, resistive products, and Anaren Integrated Radio modules; and Space and Defense Group, which principally designs and manufactures microwave-based hardware for use in radar systems, jamming systems, munitions, electronic surveillance systems and satellite and ground based communication systems, including radar countermeasure subsystems, beamformers, switch matrices, radar feed networks, and analog hybrid modules. According to our ANEN split history records, ANEN has had 2 splits.
ANEN split history picture
ANEN (ANEN) has 2 splits in our ANEN split history database. The first split for ANEN took place on June 12, 2000. This was a 3 for 2 split, meaning for each 2 shares of ANEN owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. ANEN's second split took place on November 28, 2000. This was a 2 for 1 split, meaning for each share of ANEN owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.

When a company such as ANEN 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 ANEN split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ANEN shares, starting with a $10,000 purchase of ANEN, presented on a split-history-adjusted basis factoring in the complete ANEN split history. ANEN split adjusted history picture
ANEN -- use the split history when considering split-adjusted past price performance.

Date Ratio
06/12/20003 for 2
11/28/20002 for 1
ANEN is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:

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