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Video: What is a Stock Split?
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Ciber is a provider of information technology (IT) services. Co. operates in two segments: International and North America. Co.'s International segment is organized by country and primarily consists of countries in Western Europe and the Nordic region, which include Germany, the Netherlands, the U.K., and Norway. Co.'s International and North America segments provide the following services: Independent Software Vendor Relationships/Channel Partner Platforms, which include SAP, Oracle, Infor, and Microsoft; Managed Services; Business Consulting; Application Development and Management/Staffing; and Software-as-a-Service. In addition, Co. provides IT services for other developing technologies. According to our CBR split history records, CBR has had 2 splits. | |
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CBR (CBR) has 2 splits in our CBR split history database. The first split for CBR took place on June 17, 1996. This was a 2 for 1
split, meaning for each share of CBR 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. CBR's second split took place on April 01, 1998. This was a 2 for 1
split, meaning for each share of CBR 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.
When a company such as CBR 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 CBR split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CBR shares, starting with a $10,000 purchase of CBR, presented on a split-history-adjusted basis factoring in the complete CBR split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/21/2015 |
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End date: |
04/10/2017 |
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Start price/share: |
$3.13 |
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End price/share: |
$0.31 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-90.10% |
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Average Annual Total Return: |
-64.77% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$990.28 |
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Years: |
2.22 |
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Date |
Ratio |
06/17/1996 | 2 for 1
| 04/01/1998 | 2 for 1
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