NR Split History

Newpark Resources (NR) has 2 splits in our NR split history database. The first split for NR took place on June 23, 1997. This was a 2 for 1 split, meaning for each share of NR 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. NR's second split took place on November 28, 1997. This was a 2 for 1 split, meaning for each share of NR owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.

When a company such as Newpark Resources 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 NR split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Newpark Resources shares, starting with a $10,000 purchase of NR, presented on a split-history-adjusted basis factoring in the complete NR split history.

Growth of $10,000.00 Without Dividends Reinvested
Start date:	03/26/2013
End date:	03/23/2023
Start price/share:	$9.39
End price/share:	$3.79
Dividends collected/share:	$0.00
Total return:	-59.64%
Average Annual Total Return:	-8.68%
Starting investment:	$10,000.00
Ending investment:	$4,034.29
Years:	10.00

About Newpark Resources

Newpark Resources is supplier providing products, rentals, and services. Co.'s segments are: Industrial Solutions, which provides temporary worksite access solutions, including the rental of its composite matting systems, along with related site construction and services to customers; and Fluids Systems, which provides drilling, completion, and stimulation fluids products and related technical services and provides solutions for subsurface conditions such as horizontal, directional, geologically deep, or drilling in deep water. Co. also has industrial mineral grinding operations for barite and sells the products to third party users, including other drilling fluids companies. According to our NR split history records, Newpark Resources has had 2 splits.