|Free Dividend Report|
|NM Dividend History|
|NM Stock Split History|
|NM Preferred Stock|
|NM Options Chain|
|NM Message Board|
Navios Maritime Holdings (NM) has 1 split in our NM split history database. The split for NM took place on January 03, 2019. This was a 1 for 10 reverse split, meaning for each 10 shares of NM 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 Navios Maritime Holdings 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 NM 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 Navios Maritime Holdings shares, starting with a $10,000 purchase of NM, presented on a split-history-adjusted basis factoring in the complete NM split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||-15.07%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-9.78%|
|About Navios Maritime Holdings|
|Navios Maritime Holdings is a holding company. Through its subsidiaries, Co. is a seaborne shipping and logistics company focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. Co. operates a fleet of owned Capesize, Panamax, Ultra Handymax and Handysize vessels and a fleet of time chartered Capesize, Panamax, Ultra Handymax and Handysize vessels that are employed to provide transportation of bulk commodities. Co.'s subsidiary, Navios South American Logistics Inc. is a logistics company, focusing on the Hidrovia river system, the main navigable river system in the region, and on cabotage trades along the eastern coast of South America. According to our NM split history records, Navios Maritime Holdings has had 1 split.|
|NM Split History Table|
|01/03/2019||1 for 10|
|Industrials Stock Splits|
|NM is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: NM shares outstanding history