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NTN Buzztime (NTN) has 1 split in our NTN split history database. The split for NTN took place on June 17, 2016. This was a 1 for 50 reverse split, meaning for each 50 shares of NTN owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 20 share position following the split.
When a company such as NTN Buzztime 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 NTN split history from start to finish, an original position size of 1000 shares would have turned into 20 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NTN Buzztime shares, starting with a $10,000 purchase of NTN, presented on a split-history-adjusted basis factoring in the complete NTN split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-20.64%|
|About NTN Buzztime|
|NTN Buzztime provides interactive entertainment and technology, including performance analytics and secure payment with Europay, MasterCard® and Visa® chip card readers or with near-field communication technology to accept Apple, Android and Samsung Pay. Co.'s principal product and service is its tablet platform. Co.'s interactive entertainment system provides trivia, card, sports and arcade games, customized menus and self-service dining features, including dynamic menus, touchscreen ordering and secure payment. According to our NTN split history records, NTN Buzztime has had 1 split.|
|NTN Split History Table|
|06/17/2016||1 for 50|
|Services Stock Splits|
|NTN is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:|