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 Video: What is a Stock Split?
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| Resources Connection is a consulting firm. Co. serves its clients with talent in support of projects and initiatives in a range of functional areas, including: business strategy and transformation, which includes program and project management, change management, transaction advisory, executive search, human resources, supply chain, and legal; risk and compliance, which includes information security and privacy; internal audit and compliance; finance and accounting, which includes lease accounting, and revenue recognition; and technology and digital, which includes business technology, and data analytics. According to our RECN split history records, RECN has had 1 split. | |
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RECN (RECN) has 1 split in our RECN split history database. The split for RECN took place on March 02, 2005. This was a 2 for 1 split, meaning for each share of RECN 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 RECN 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 RECN 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 RECN shares, starting with a $10,000 purchase of RECN, presented on a split-history-adjusted basis factoring in the complete RECN split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/01/2020 |
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| Start price/share: |
$13.66 |
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| End price/share: |
$10.32 |
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| Starting shares: |
732.06 |
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| Ending shares: |
870.23 |
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| Dividends reinvested/share: |
$2.65 |
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| Total return: |
-10.19% |
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| Average Annual Total Return: |
-1.79% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,981.37 |
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| Years: |
5.95 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/01/2020 |
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| Start price/share: |
$13.66 |
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| End price/share: |
$10.32 |
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| Dividends collected/share: |
$2.65 |
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| Total return: |
-5.05% |
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| Average Annual Total Return: |
-0.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,493.54 |
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| Years: |
5.95 |
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| Date |
Ratio |
| 03/02/2005 | 2 for 1 |
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