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 Video: What is a Stock Split?
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| Flex is a manufacturing partner. Co. provides customers a range of services, including design and engineering, component services, prototyping, fulfillment, and circular economy solutions. Co.'s reportable segments are: Flex Agility Solutions, which is comprised of the communications, enterprise and cloud end market; lifestyle end market, and consumer devices end market; Flex Reliability Solutions, which is comprised of the automotive end market; health solutions end market, and industrial end market; as well as Nextracker, a provider of integrated solar tracker and software solutions that are used in utility-scale and ground-mounted distributed generation solar projects around the world. According to our FLEX split history records, Flex has had 4 splits. | |
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Flex (FLEX) has 4 splits in our FLEX split history database. The first split for FLEX took place on January 12, 1999. This was a 2 for 1
split, meaning for each share of FLEX 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. FLEX's second split took place on December 23, 1999. This was a 2 for 1
split, meaning for each share of FLEX 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. FLEX's third split took place on October 17, 2000. This was a 2 for 1 split, meaning for each share of FLEX owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. FLEX's 4th split took place on January 03, 2024. This was a 1327 for 1000 split, meaning for each 1000 shares of FLEX owned pre-split, the shareholder now owned 1327 shares. For example, a 8000 share position pre-split, became a 10616 share position following the split.
When a company such as Flex 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 FLEX split history from start to finish, an original position size of 1000 shares would have turned into 10616 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Flex shares, starting with a $10,000 purchase of FLEX, presented on a split-history-adjusted basis factoring in the complete FLEX split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$6.83 |
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| End price/share: |
$33.55 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
391.22% |
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| Average Annual Total Return: |
17.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$49,126.73 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/12/1999 | 2 for 1
| | 12/23/1999 | 2 for 1
| | 10/17/2000 | 2 for 1 | | 01/03/2024 | 1327 for 1000 |
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