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 Video: What is a Stock Split?
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| Newpark Resources, Inc. supplies products, rentals, and services across multiple industries. It manufactures, sells, and rents sustainable composite matting products, offering services like planning, logistics, and remediation. Its Industrial Solutions segment provides temporary worksite access solutions, including recyclable composite matting systems and related site construction services. These services cater to markets such as power transmission, oil and gas E&P, pipeline, renewable energy, petrochemical, and construction, primarily in the U.S. and U.K. It also sells composite mats globally, mainly for power transmission. According to our NR split history records, NR has had 2 splits. | |
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NR (NR) has 2 splits in our NR split history database. The first split for NR took place on June 23, 1997. This was a 2 for 1
split, meaning for each share of NR owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. NR's second split took place on November 28, 1997. This was a 2 for 1
split, meaning for each share of NR owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as NR 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 NR split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NR shares, starting with a $10,000 purchase of NR, presented on a split-history-adjusted basis factoring in the complete NR split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
02/17/2015 |
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| End date: |
12/18/2024 |
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| Start price/share: |
$9.52 |
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| End price/share: |
$7.25 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-23.84% |
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| Average Annual Total Return: |
-2.73% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,615.52 |
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| Years: |
9.84 |
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| Date |
Ratio |
| 06/23/1997 | 2 for 1
| | 11/28/1997 | 2 for 1
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