When a company such as EXAC 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 EXAC split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EXAC shares, starting with a $10,000 purchase of EXAC, presented on a split-history-adjusted basis factoring in the complete EXAC split history.

About EXAC

Exactech develops, manufactures, markets, distributes and sells orthopaedic implant devices, related surgical instrumentation and biologic services to hospitals and physicians. Co.'s product are: Extremities Products, which includes treatment options for degenerative disease as well as trauma; Knee Products, which includes the Optetrak Logic® system that provides solutions for posterior stabilized and cruciate retaining approaches; Hip Products, which address the continuum of hip arthroplasty; Biologics and Spine, which is designed for the healing and regeneration of bone and soft tissue; and Other Products, which includes Cemex® bone cement system and AcuDriver® Automated Osteotome System. According to our EXAC split history records, EXAC has had 1 split.

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