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Video: What is a Stock Split?
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National specialty electronics distributor and a multi-plantcustom contact manufacturer. Distributes electronic connectors, wire and cable, passive and electromechanical products to original equipment manufacturers and industrial users. According to our KNT split history records, KNT has had 2 splits. | |
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KNT (KNT) has 2 splits in our KNT split history database. The first split for KNT took place on March 02, 1995. This was a 3 for 2
split, meaning for each 2
shares of KNT 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. KNT's second split took place on March 04, 1996. This was a 2 for 1
split, meaning for each share of KNT 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 KNT 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 KNT 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 KNT shares, starting with a $10,000 purchase of KNT, presented on a split-history-adjusted basis factoring in the complete KNT split history.
KNT -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
03/02/1995 | 3 for 2
| 03/04/1996 | 2 for 1
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