Stock Split History
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Netapp provides organizations the ability to manage and share their data across on-premises, private and public clouds. Together with its partners, Co. provides a range of solutions that customers use to upgrade their infrastructures, build data centers and harness the power of hybrid clouds. Co.'s product, services and solutions portfolio includes: all-flash array and hybrid array products; its converged infrastructure, FlexPod; hybrid cloud, which includes its ONTAP Cloud storage data management service, NetApp Cloud Sync hybrid data management Software as a Service offering, NetApp Private Storage for Cloud, and AltaVault cloud-integrated solutions; and its NetApp software portfolio. According to our NetApp stock split history records, NetApp has had 4 splits.
NetApp stock split history picture
NetApp (NTAP) has 4 splits in our NetApp stock split history database. The first split for NTAP took place on December 19, 1997. This was a 2 for 1 split, meaning for each share of NTAP 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. NTAP's second split took place on December 22, 1998. This was a 2 for 1 split, meaning for each share of NTAP owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. NTAP's third split took place on December 21, 1999. This was a 2 for 1 split, meaning for each share of NTAP owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. NTAP's 4th split took place on March 23, 2000. This was a 2 for 1 split, meaning for each share of NTAP owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split.

When a company such as NetApp 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 NetApp stock split history from start to finish, an original position size of 1000 shares would have turned into 16000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NetApp shares, starting with a $10,000 purchase of NTAP, presented on a split-history-adjusted basis factoring in the complete NetApp stock split history. NetApp split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 01/16/2009
End date: 01/15/2019
Start price/share: $14.92
End price/share: $62.46
Starting shares: 670.24
Ending shares: 751.16
Dividends reinvested/share: $4.74
Total return: 369.17%
Average Annual Total Return: 16.71%
Starting investment: $10,000.00
Ending investment: $46,909.90
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/16/2009
End date: 01/15/2019
Start price/share: $14.92
End price/share: $62.46
Dividends collected/share: $4.74
Total return: 350.40%
Average Annual Total Return: 16.24%
Starting investment: $10,000.00
Ending investment: $45,054.18
Years: 10.00
Date Ratio
12/19/19972 for 1
12/22/19982 for 1
12/21/19992 for 1
03/23/20002 for 1
NTAP is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:

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NVDA Split History
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OHGI Split History
OIBR Split History
ORBK Split History
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Also explore: NTAP shares outstanding history

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