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Video: What is a Stock Split?
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Equinix, Inc. is a digital infrastructure company. Co.'s platform, Equinix, combines a global footprint of International Business Exchange (IBX) and xScale data centers in the Americas, Asia-Pacific, and Europe, the Middle East and Africa (EMEA) regions, interconnection solutions, digital offerings, business and digital ecosystems and consulting and support. It offers a variety of enabling solutions that support a customer's need to implement, operate and maintain its colocated deployments. Its solutions include Equinix SmartView, Equinix Smart Hands and Equinix Smart Build (ESB). According to our Equinix stock split history records, Equinix has had 1 split. | |
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Equinix (EQIX) has 1 split in our Equinix stock split history database. The split for EQIX took place on December 31, 2002. This was a 1 for 32 reverse split, meaning for each 32 shares of EQIX owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 31.25 share position following the split.
When a company such as Equinix 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 Equinix stock split history from start to finish, an original position size of 1000 shares would have turned into 31.25 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Equinix shares, starting with a $10,000 purchase of EQIX, presented on a split-history-adjusted basis factoring in the complete Equinix stock split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$228.91 |
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End price/share: |
$933.60 |
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Starting shares: |
43.69 |
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Ending shares: |
55.31 |
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Dividends reinvested/share: |
$117.72 |
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Total return: |
416.38% |
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Average Annual Total Return: |
17.85% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$51,653.58 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$228.91 |
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End price/share: |
$933.60 |
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Dividends collected/share: |
$117.72 |
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Total return: |
359.27% |
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Average Annual Total Return: |
16.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$45,915.50 |
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Years: |
10.00 |
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Date |
Ratio |
12/31/2002 | 1 for 32 |
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