Split History
MTEX split history picture
Mannatech (MTEX) has 1 split in our MTEX split history database. The split for MTEX took place on January 17, 2012. This was a 1 for 10 reverse split, meaning for each 10 shares of MTEX owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.

When a company such as Mannatech 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 MTEX split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Mannatech shares, starting with a $10,000 purchase of MTEX, presented on a split-history-adjusted basis factoring in the complete MTEX split history. MTEX split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 06/04/2010
End date: 06/03/2020
Start price/share: $24.20
End price/share: $16.05
Starting shares: 413.22
Ending shares: 480.23
Dividends reinvested/share: $2.62
Total return: -22.92%
Average Annual Total Return: -2.57%
Starting investment: $10,000.00
Ending investment: $7,706.64
Years: 10.01
Growth of $10,000.00
Without Dividends Reinvested

Start date: 06/04/2010
End date: 06/03/2020
Start price/share: $24.20
End price/share: $16.05
Dividends collected/share: $2.62
Total return: -22.83%
Average Annual Total Return: -2.56%
Starting investment: $10,000.00
Ending investment: $7,714.56
Years: 10.01
Mannatech develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. The categories of Co.'s products are: Integrative Health, which includes a variety of daily nutritional supplements, health solutions for children, and additional nutrients; Targeted Health, which provides products designed to target specific areas; Weight and Fitness, which provides products designed to curb appetite and burn fat, build lean muscle tissue, and support recovery from overexertion; and Skin Care, which provides several products formulated with botanical ingredients; and Home Living, which is a category of products that supplement wellness. According to our MTEX split history records, Mannatech has had 1 split.
Date Ratio
01/17/20121 for 10
MTEX is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:

NAKD Split History
NATR Split History
NAV Split History
NC Split History
NHTC Split History
NKE Split History
NTZ Split History
NVFY Split History
OBCI Split History
ODC Split History

Also explore: MTEX shares outstanding history

The Cushing NextGen Infrastructure Income Fund (SZC)
Teligent, Inc. (TLGT)
Laredo Petroleum, Inc. (LPI)
Global Eagle Entertainment Inc. (ENT)
ToughBuilt Industries, Inc. (TBLT)
Cyclacel Pharmaceuticals, Inc. (CYCC)
Chesapeake Energy Corporation (CHK)
Direxion Daily Gold Miners Index Bull 3X Shares (NUGT)
Direxion Zacks MLP High Income Index Shares (ZMLP)
Direxion Daily Retail Bull 3X Shares (RETL)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

MTEX Insider Buying

MTEX Split History | www.SplitHistory.com | Copyright © 2013 - 2020, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.