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 Video: What is a Stock Split?
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| NN is an industrial company that designs and manufactures metal and plastic components and assemblies for a variety of end markets. Co.'s mobile solutions segment focuses on growth in the automotive and general industrial end markets. Co.'s power solutions segment is focused on growth in the electrical, general industrial, automotive, aerospace, defense, and medical end markets. Within this group Co. combines materials science capabilities with engineering and production capabilities to design and manufacture a range of metal and plastic components, assemblies, and finished devices used in applications ranging from power control to flight control and for military devices. According to our NNBR split history records, NN has had 2 splits. | |
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NN (NNBR) has 2 splits in our NNBR split history database. The first split for NNBR took place on March 06, 1995. This was a 3 for 2
split, meaning for each 2
shares of NNBR 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. NNBR's second split took place on December 06, 1995. This was a 3 for 2
split, meaning for each 2
shares of NNBR 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 NN 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 NNBR 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 NN shares, starting with a $10,000 purchase of NNBR, presented on a split-history-adjusted basis factoring in the complete NNBR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
03/27/2013 |
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| End date: |
03/24/2023 |
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| Start price/share: |
$9.69 |
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| End price/share: |
$1.07 |
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| Starting shares: |
1,031.99 |
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| Ending shares: |
1,153.08 |
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| Dividends reinvested/share: |
$1.79 |
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| Total return: |
-87.66% |
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| Average Annual Total Return: |
-18.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,233.09 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
03/27/2013 |
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| End date: |
03/24/2023 |
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| Start price/share: |
$9.69 |
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| End price/share: |
$1.07 |
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| Dividends collected/share: |
$1.79 |
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| Total return: |
-70.49% |
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| Average Annual Total Return: |
-11.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$2,951.68 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/06/1995 | 3 for 2
| | 12/06/1995 | 3 for 2
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