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Video: What is a Stock Split?


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NextDecade is a blank check company. Co. was formed for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. According to our HRMN split history records, HRMN has had 1 split.
HRMN split history picture
HRMN (HRMN) has 1 split in our HRMN split history database. The split for HRMN took place on March 02, 1998. This was a 3 for 2 split, meaning for each 2 shares of HRMN 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.

When a company such as HRMN 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 HRMN split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HRMN shares, starting with a $10,000 purchase of HRMN, presented on a split-history-adjusted basis factoring in the complete HRMN split history. HRMN split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 06/16/2015
End date: 07/24/2017
Start price/share: $9.97
End price/share: $10.26
Dividends collected/share: $0.00
Total return: 2.91%
Average Annual Total Return: 1.37%
Starting investment: $10,000.00
Ending investment: $10,290.83
Years: 2.11
Date Ratio
03/02/19983 for 2
HRMN is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:

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