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MXIM ($MXIM) Stock Split History

MXIM ($MXIM) Stock Split History Graph and Chart

MXIM ($MXIM) Stock Split Dates

Date Ratio
12/08/1994 2 for 1
12/14/1995 2 for 1
12/22/1997 2 for 1
12/22/1999 2 for 1

FAQs (Frequently Asked Questions)

How Does a MXIM Share Split Work?

A MXIM stock split is no different than any other stock split. MXIM is simply packaging the number of outstanding shares in a different way. For example, in a 2-for-1 split, the amount of shares will double (and the price will be divided by 2, accordingly). Say you have 100 shares of MXIM, then the day of the split you will receive 2 shares for every 1 share you hold in your brokerage account, meaning you will receive 200 shares on the stock split date. However, the price of the stock will reflect this change and your holding of MXIM (in terms of value) will remain practically the same.

Benefits of a MXIM Stock Split?

A stock split does not change the fundamental value of a company. Meaning a MXIM stock split will not make the business more valuable. However, there is a psychological benefit in that the share price will be lower after the split, making shares seem more accessible to everyone and thus temporarily increasing demand and ramping up share prices. To further explore stock splits, please refer to Investopedia.

Buying Before or After a $MXIM Stock Split?

While this is not financial advice and we have not run any thorough studies on the matter, general consensus is that price tends to go up after the announcement of a stock split and before the stock split itself happens.

Will MXIM Stock Split?

Unfortunately, we do not know. There might be rumors of a MXIM stock split, but the truth is that until the board proposes a shares split to its shareholders, it's all just noise.

How Does a Stock Split Affect $MXIM Options?

A stock split affects options the same way it affect shares. In the case of a 2-for-1, the strike price of all the options chain post-split will be divided by 2 automatically. So if you're holding CALLs or PUTs, the strike price of the $MXIM option will be automatically changed on the day of the split. Also, the number of shares will double. So if you have a CALL in a 2-for-1, after split you will have 2 calls to control 200 shares, and the strike price of those two CALLs would be halved.

MXIM Shares Split and Fractional Shares

Not all shares splits are even. Some splits, like a 3-for-2 can result in shareholders owning fractional shares. In these cases it's best to contact your broker, to be clear on how they will handle the $MXIM shares split.