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 Video: What is a Stock Split?
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| CDI provides engineering and information technology solutions. Co. has four segments: Enterprise Talent, which provides staff augmentation, placement and other staffing-related services; Specialty Talent and Technology Solutions, which provide technology talent and solutions through a delivery model that spans staff augmentation and placement services, project execution and management services, and outsourced managed services; Engineering Solutions, which provide engineering design, as well as physical asset and product delivery solutions; and Management Recruiters International, which provides the use of its trademarks, business systems and training and support services. According to our CDI split history records, CDI has had 1 split. | |
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CDI (CDI) has 1 split in our CDI split history database. The split for CDI took place on August 31, 1989. This was a 2 for 1
split, meaning for each share of CDI 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.
When a company such as CDI 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 CDI split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CDI shares, starting with a $10,000 purchase of CDI, presented on a split-history-adjusted basis factoring in the complete CDI split history.
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| Date |
Ratio |
| 08/31/1989 | 2 for 1
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