When a company such as Western Digital 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 WDC split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Western Digital shares, starting with a $10,000 purchase of WDC, presented on a split-history-adjusted basis factoring in the complete WDC split history.

About Western Digital

Western Digital Corporation is a developer, manufacturer and provider of data storage devices and solutions based on both hard disk drive and NAND flash technologies. Co. manufactures, markets, and sells data storage devices and solutions in the U.S. and in foreign countries through its sales personnel, dealers, distributors, retailers, and subsidiaries. It manages and reports under two segments: hard disk drives (HDD) and flash-based products (Flash). Its portfolio of technology and products addresses multiple end markets: Cloud, Client and Consumer. Cloud is comprised primarily of products for public or private cloud environments and end customers. According to our WDC split history records, Western Digital has had 1 split.

WDC Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved