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 Video: What is a Stock Split?
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| Micron Technology provides semiconductor systems. Co.'s portfolio of memory technologies include DRAM, NAND Flash, NOR Flash, and other system solutions. Co. segments include: Compute and Networking Business Unit, which includes memory products sold into compute, networking, graphics, and cloud server markets; Storage Business Unit, which includes memory products sold into into enterprise, client, cloud, and removable storage markets; Mobile Business Unit, which includes memory products sold into smartphone, tablet, and other mobile-device markets; and Embedded Business Unit, which includes memory products sold into automotive, industrial, connected home, and consumer electronics markets. According to our MU split history records, Micron Technology has had 3 splits. |
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Micron Technology (MU) has 3 splits in our MU split history database. The first split for MU took place on April 19, 1994. This was a 5 for 2
split, meaning for each 2
shares of MU owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 2500 share position following the split. MU's second split took place on May 23, 1995. This was a 2 for 1
split, meaning for each share of MU owned pre-split, the shareholder now owned 2 shares. For example, a 2500 share position pre-split, became a 5000 share position following the split. MU's third split took place on May 02, 2000. This was a 2 for 1
split, meaning for each share of MU owned pre-split, the shareholder now owned 2 shares. For example, a 5000 share position pre-split, became a 10000 share position following the split.
When a company such as Micron Technology 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 MU split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Micron Technology shares, starting with a $10,000 purchase of MU, presented on a split-history-adjusted basis factoring in the complete MU split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
07/23/2007 |
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| End date: |
07/21/2017 |
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| Start price/share: |
$13.44 |
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| End price/share: |
$32.01 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
138.17% |
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| Average Annual Total Return: |
9.06% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$23,809.93 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/19/1994 | 5 for 2
| | 05/23/1995 | 2 for 1
| | 05/02/2000 | 2 for 1
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