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 Video: What is a Stock Split?
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| Ciena is a networking systems, services and software company, providing solutions that enable a range of network operators to deploy and manage networks that deliver services to businesses and consumers. Co. provides hardware, software and services that support the delivery of video, data and voice traffic over core, metro, aggregation and access communications networks. Co.'s portfolio is designed to enable the Adaptive Network™, which is for a network end state that utilizes a programmable and scalable network infrastructure, driven by software control and automation capabilities, that are informed by analytics and intelligence. According to our Ciena stock split history records, Ciena has had 1 split. | |
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Ciena (CIEN) has 1 split in our Ciena stock split history database. The split for CIEN took place on September 19, 2000. This was a 2 for 1 split, meaning for each share of CIEN 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.
When a company such as Ciena 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 Ciena stock 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 Ciena shares, starting with a $10,000 purchase of CIEN, presented on a split-history-adjusted basis factoring in the complete Ciena stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$20.36 |
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| End price/share: |
$43.77 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
114.98% |
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| Average Annual Total Return: |
7.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,504.91 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/19/2000 | 2 for 1 |
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