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Video: What is a Stock Split?
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Analysts International is an information technology (IT) services company. Co. supplies consultants across a number of technology disciplines to companies in various industries. Co. maintains a consultant network, which is comprised of full-time and temporary employees and contract personnel. Co. uses three primary delivery methods for its IT Services: Staff Augmentation, in which it sources IT personnel to work with its client's internal staff; Managed Teams, in which it sources IT personnel and constructs project teams in line with client requirements; and Project-Based Solutions, in which it delivers custom applications and systems integration services. According to our ANLY split history records, ANLY has had 5 splits. | |
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ANLY (ANLY) has 5 splits in our ANLY split history database. The first split for ANLY took place on July 21, 1987. This was a 5 for 4
split, meaning for each 4
shares of ANLY owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. ANLY's second split took place on August 15, 1989. This was a 5 for 4
split, meaning for each 4
shares of ANLY owned pre-split, the shareholder now owned 5 shares. For example, a 1250 share position pre-split, became a 1562.5 share position following the split. ANLY's third split took place on October 01, 1993. This was a 3 for 2
split, meaning for each 2
shares of ANLY owned pre-split, the shareholder now owned 3 shares. For example, a 1562.5 share position pre-split, became a 2343.75 share position following the split. ANLY's 4th split took place on October 01, 1996. This was a 2 for 1
split, meaning for each share of ANLY owned pre-split, the shareholder now owned 2 shares. For example, a 2343.75 share position pre-split, became a 4687.5 share position following the split. ANLY's 5th split took place on December 04, 1997. This was a 3 for 2
split, meaning for each 2
shares of ANLY owned pre-split, the shareholder now owned 3 shares. For example, a 4687.5 share position pre-split, became a 7031.25 share position following the split.
When a company such as ANLY 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 ANLY split history from start to finish, an original position size of 1000 shares would have turned into 7031.25 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ANLY shares, starting with a $10,000 purchase of ANLY, presented on a split-history-adjusted basis factoring in the complete ANLY split history.
ANLY -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
07/21/1987 | 5 for 4
| 08/15/1989 | 5 for 4
| 10/01/1993 | 3 for 2
| 10/01/1996 | 2 for 1
| 12/04/1997 | 3 for 2
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