 |
 Video: What is a Stock Split?
|
|
|
| Newport is a supplier of technology products and systems to a range of industries, including scientific research, microelectronics, defense and security, life and health sciences, and industrial markets. As of Jan 3 2015, Co. operated within three business segments: The Photonics Group, which sells photonics instruments and systems, precision positioning systems and subsystems, vibration isolation systems and subsystems, measurement sensors and equipment; The Lasers Group, which provides lasers and laser-based system including ultrafast lasers and amplifiers; and The Optics Group, which sells precision optics and lens assemblies, optical components and opto-mechanical subassemblies. According to our NEWP split history records, NEWP has had 1 split. |
|
|
NEWP (NEWP) has 1 split in our NEWP split history database. The split for NEWP took place on June 01, 2000. This was a 3 for 1
split, meaning for each share of NEWP owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as NEWP 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 NEWP 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 NEWP shares, starting with a $10,000 purchase of NEWP, presented on a split-history-adjusted basis factoring in the complete NEWP split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/25/2010 |
|
| End date: |
04/29/2016 |
|
| Start price/share: |
$12.46 |
|
| End price/share: |
$22.99 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
84.51% |
|
| Average Annual Total Return: |
11.75% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$18,453.91 |
|
| Years: |
5.52 |
|
|
|
| Date |
Ratio |
| 06/01/2000 | 3 for 1
|
|
|
