Split History
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ScanSource is a provider of technology products and solutions. Co.'s two operating segments, Specialty Technology Solutions and Modern Communications and Cloud, are based on technology. Specialty Technology Solutions segment includes Co.'s business in mobility and barcode, point-of-sale, payments, security and networking technologies such as mobile computing, barcode scanners and imagers, barcode printing and services. Modern Communications and Cloud segment includes Co.'s business in communications and collaboration, connectivity and cloud services such as, voice, integration of communication platforms and contact center solutions. Co. operates in the U.S., Canada, Brazil and the UK. According to our SCSC split history records, ScanSource has had 2 splits.
SCSC split history picture
ScanSource (SCSC) has 2 splits in our SCSC split history database. The first split for SCSC took place on January 29, 2003. This was a 2 for 1 split, meaning for each share of SCSC 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. SCSC's second split took place on June 06, 2006. This was a 2 for 1 split, meaning for each share of SCSC 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 ScanSource 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 SCSC 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 ScanSource shares, starting with a $10,000 purchase of SCSC, presented on a split-history-adjusted basis factoring in the complete SCSC split history. SCSC split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/29/2013
End date: 01/27/2023
Start price/share: $29.03
End price/share: $32.82
Dividends collected/share: $0.00
Total return: 13.06%
Average Annual Total Return: 1.23%
Starting investment: $10,000.00
Ending investment: $11,300.36
Years: 10.00
Date Ratio
01/29/20032 for 1
06/06/20062 for 1
SCSC is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:

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Also explore: SCSC shares outstanding history

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