Split History
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Mayflower Bancorp is a bank holding company. Through its subsidiary, Mayflower Co-operative Bank (the Bank), Co. is engaged in acquiring funds in the form of deposits and making permanent and construction mortgage loans on one-to-four family homes and commercial real estate located in its primary market area. Additionally, the Bank makes commercial business loans, consumer loans and provides home equity loans and lines of credit. As of Mar 31 2013, Co. provided a variety of financial services to individuals and businesses through its eight offices in Southeastern Massachusetts. As of the same date, Co. had total assets of $261.3 million and total deposits of $235.7 million. According to our MFLR split history records, MFLR has had 2 splits.
MFLR split history picture
MFLR (MFLR) has 2 splits in our MFLR split history database. The first split for MFLR took place on April 01, 1999. This was a 3 for 2 split, meaning for each 2 shares of MFLR 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. MFLR's second split took place on December 01, 2003. This was a 3 for 2 split, meaning for each 2 shares of MFLR owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.

When a company such as MFLR 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 MFLR split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MFLR shares, starting with a $10,000 purchase of MFLR, presented on a split-history-adjusted basis factoring in the complete MFLR split history. MFLR split adjusted history picture
MFLR -- use the split history when considering split-adjusted past price performance.

Date Ratio
04/01/19993 for 2
12/01/20033 for 2
MFLR is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

MFNC Split History
MGYR Split History
MHI Split History
MIDU Split History
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MITT Split History
MLN Split History
MLP Split History
MLPA Split History
MMC Split History

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