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|PLXS Stock Split History|
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Plexus (PLXS) has 3 splits in our PLXS split history database. The first split for PLXS took place on March 23, 1992. This was a 3 for 2 split, meaning for each 2 shares of PLXS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. PLXS's second split took place on August 26, 1997. This was a 2 for 1 split, meaning for each share of PLXS owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. PLXS's third split took place on September 01, 2000. This was a 2 for 1 split, meaning for each share of PLXS owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as Plexus 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 PLXS split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Plexus shares, starting with a $10,000 purchase of PLXS, presented on a split-history-adjusted basis factoring in the complete PLXS split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||10.63%|
|Plexus and its subsidiaries are engaged in the Electronic Manufacturing Services industry. Co. is providing support for all the facets of the product realization process, which includes Design and Development, Supply Chain Solutions, New Product Introduction, Manufacturing, and Aftermarket Services to companies in the Healthcare/Life Sciences, Industrial/Commercial, Aerospace/Defense and Communications market sectors. Co. delivers solutions in the Americas, Europe, Middle East, and Africa and Asia-Pacific regions for its customers. In order to service its customers' products demand, Co. utilizes its solution offerings to support its customers' products from concept to end of life. According to our PLXS split history records, Plexus has had 3 splits.|
|PLXS Split History Table|
|03/23/1992||3 for 2|
|08/26/1997||2 for 1|
|09/01/2000||2 for 1|
|Industrials Stock Splits|
|PLXS 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: PLXS shares outstanding history