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 Video: What is a Stock Split?
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| Crane NXT is a manufacturer of engineered industrial products. Co.'s operations are comprised of four segments: Aerospace and Electronics, which supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets; Process Flow Technologies, which provides engineered fluid handling equipment; Payment and Merchandising Technologies, which consists of Crane Payment Innovations and Crane Currency; and Engineered Materials, which manufactures fiberglass-reinforced plastic panels and coils. According to our CXT split history records, Crane NXT has had 1 split. | |
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Crane NXT (CXT) has 1 split in our CXT split history database. The split for CXT took place on April 04, 2023. This was a 2879 for 1000 split, meaning for each 1000 shares of CXT owned pre-split, the shareholder now owned 2879 shares. For example, a 1000 share position pre-split, became a 2879 share position following the split.
When a company such as Crane NXT 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 CXT split history from start to finish, an original position size of 1000 shares would have turned into 2879 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Crane NXT shares, starting with a $10,000 purchase of CXT, presented on a split-history-adjusted basis factoring in the complete CXT split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/05/2013 |
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| End date: |
06/02/2023 |
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| Start price/share: |
$19.97 |
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| End price/share: |
$54.89 |
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| Starting shares: |
500.75 |
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| Ending shares: |
609.00 |
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| Dividends reinvested/share: |
$5.20 |
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| Total return: |
234.28% |
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| Average Annual Total Return: |
12.83% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$33,427.37 |
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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: |
06/05/2013 |
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| End date: |
06/02/2023 |
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| Start price/share: |
$19.97 |
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| End price/share: |
$54.89 |
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| Dividends collected/share: |
$5.20 |
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| Total return: |
200.91% |
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| Average Annual Total Return: |
11.65% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,092.35 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/04/2023 | 2879 for 1000 |
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