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Video: What is a Stock Split?
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Sinclair, Inc. is a diversified media company and a provider of local news and sports. Co. operates through two segments: Local Media, and Tennis. Its Local Media segment is comprised of its television stations. It produces more than 2,400 hours of news per week at 115 stations in 73 markets. Its Tennis segment primarily consists of Tennis Channel, a cable network which includes coverage of many of tennis' top tournaments and original professional sports and tennis lifestyle shows. Its content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the streaming aggregator of local news content, NewsON. According to our SBGI split history records, Sinclair has had 1 split. | |
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Sinclair (SBGI) has 1 split in our SBGI split history database. The split for SBGI took place on May 29, 1998. This was a 2 for 1
split, meaning for each share of SBGI 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 Sinclair 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 SBGI 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 Sinclair shares, starting with a $10,000 purchase of SBGI, presented on a split-history-adjusted basis factoring in the complete SBGI split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
07/21/2015 |
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End date: |
07/18/2025 |
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Start price/share: |
$28.96 |
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End price/share: |
$14.71 |
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Starting shares: |
345.30 |
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Ending shares: |
505.67 |
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Dividends reinvested/share: |
$8.40 |
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Total return: |
-25.62% |
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Average Annual Total Return: |
-2.92% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,435.29 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
07/21/2015 |
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End date: |
07/18/2025 |
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Start price/share: |
$28.96 |
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End price/share: |
$14.71 |
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Dividends collected/share: |
$8.40 |
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Total return: |
-20.22% |
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Average Annual Total Return: |
-2.23% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,980.98 |
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Years: |
10.00 |
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Date |
Ratio |
05/29/1998 | 2 for 1
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