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|MSGN Stock Split History|
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MSG Network (MSGN) has 2 splits in our MSGN split history database. The first split for MSGN took place on October 01, 2015. This was a 3308 for 1000 split, meaning for each 1000 shares of MSGN owned pre-split, the shareholder now owned 3308 shares. For example, a 1000 share position pre-split, became a 3308 share position following the split. MSGN's second split took place on October 02, 2015.
When a company such as MSG Network 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 MSGN split history from start to finish, an original position size of 1000 shares would have turned into 3308 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MSG Network shares, starting with a $10,000 purchase of MSGN, presented on a split-history-adjusted basis factoring in the complete MSGN split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||9.30%|
|About MSG Network|
|MSG Network is a holding company. Through its subsidiaries, Co. is engaged in sports production, and content development and distribution, owns and operates two regional sports and entertainment networks, MSG Network (MSGN) and MSG+. Co.'s networks are distributed throughout all of New York State and main portions of New Jersey and Connecticut, as well as parts of Pennsylvania. Co.'s networks are also carried nationally by certain distributors on sports tiers or in similar packages. MSGN and MSG+ aired live professional games this past year, along with a lineup of other sporting events, including college football and basketball, as well as original programming. According to our MSGN split history records, MSG Network has had 2 splits.|
|MSGN Split History Table|
|10/01/2015||3308 for 1000|
|10/02/2015||1 for 1|
|Services Stock Splits|
|MSGN is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: MSGN shares outstanding history