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|EQIX Dividend History|
|EQIX Stock Split History|
|Preferred Stock Newsletter|
|EQIX Options Chain|
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Equinix (EQIX) has 1 split in our EQIX split history database. The split for EQIX took place on December 31, 2002. This was a 1 for 32 reverse split, meaning for each 32 shares of EQIX owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 31.25 share position following the split.
When a company such as Equinix 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 EQIX split history from start to finish, an original position size of 1000 shares would have turned into 31.25 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Equinix shares, starting with a $10,000 purchase of EQIX, presented on a split-history-adjusted basis factoring in the complete EQIX split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||22.02%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||20.73%|
|Equinix provides colocation space and related offerings. Co. operates International Business Exchange ("IBX®") data centers across the Americas; Europe, Middle East and Africa and Asia-Pacific geographic regions where customers directly interconnect with a network ecosystem of partners and customers. Co.'s data center solutions include IBX Data Centers, xScale Data Centers, and IBX SmartView. Co.'s Interconnection Solution connect businesses within and between its data centers across its platform. Co.'s edge services help businesses deploy as-a-service networking, security and hardware across its data center footprint, in buying, owning and managing the physical infrastructure. According to our EQIX split history records, Equinix has had 1 split.|
|EQIX Split History Table|
|12/31/2002||1 for 32|
|Financials Stock Splits|
|EQIX is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: EQIX shares outstanding history