 |
Video: What is a Stock Split?
|
 |
Mannatech, Incorporated is a global wellness solution provider. Co. develops and sells nutritional supplements, skin care and anti-aging products, and weight-management products that target optimal health and wellness. Co.'s product category includes Integrative Health, Targeted Health, Weight and Fitness, Skin Care, Essentials, and Home Living. Integrative Health includes Ambrotose Complex, Ambrotose AO, Advanced Ambrotose, Ambrotose Life, Catalyst, Cognitate, Manapol Powder, MannaBears, and others. Targeted Health includes BounceBack, CardioBALANCE, GI-ProBalance Slimstick, GI-Zyme, GI-Defense, Blood Sugar ProBalance, ImmunoSTART, and others. According to our MTEX split history records, Mannatech has had 1 split. | |
 |

Mannatech (MTEX) has 1 split in our MTEX split history database. The split for MTEX took place on January 17, 2012. This was a 1 for 10 reverse split, meaning for each 10 shares of MTEX owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as Mannatech conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the MTEX split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Mannatech shares, starting with a $10,000 purchase of MTEX, presented on a split-history-adjusted basis factoring in the complete MTEX split history.

Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
02/20/2015 |
|
End date: |
02/18/2025 |
|
Start price/share: |
$23.30 |
|
End price/share: |
$11.30 |
|
Starting shares: |
429.18 |
|
Ending shares: |
611.46 |
|
Dividends reinvested/share: |
$7.49 |
|
Total return: |
-30.91% |
|
Average Annual Total Return: |
-3.63% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$6,908.35 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
02/20/2015 |
|
End date: |
02/18/2025 |
|
Start price/share: |
$23.30 |
|
End price/share: |
$11.30 |
|
Dividends collected/share: |
$7.49 |
|
Total return: |
-19.36% |
|
Average Annual Total Return: |
-2.13% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$8,062.51 |
|
Years: |
10.00 |
|
|
 |
Date |
Ratio |
01/17/2012 | 1 for 10 |
|
 |