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Extreme Networks (EXTR) has 1 split in our EXTR split history database. The split for EXTR took place on August 25, 2000. This was a 2 for 1 split, meaning for each share of EXTR 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.
When a company such as Extreme Networks 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 EXTR 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 Extreme Networks shares, starting with a $10,000 purchase of EXTR, presented on a split-history-adjusted basis factoring in the complete EXTR split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||10.47%|
|About Extreme Networks|
|Extreme Networks is a provider of cloud-driven networking solutions and services and support. Co. designs, develops, and manufactures wired and wireless network infrastructure equipment as well as a cloud networking platform and applications portfolio using cloud management, machine learning, and artificial intelligence to deliver network policy, analytics, security, and access controls. Co.'s product categories include: cloud networking platform; automation, analytics, and security applications; wireless local area networks access points; wired for edge, campus, and data center; cloud native platforms and applications for service providers; and customer service and support. According to our EXTR split history records, Extreme Networks has had 1 split.|
|EXTR Split History Table|
|08/25/2000||2 for 1|
|Technology Stock Splits|
|EXTR is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: EXTR shares outstanding history