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 Video: What is a Stock Split?
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| Silicon Graphics International develops, markets, and sells a line of servers, storage, differentiating software and solutions for data center deployments. Co.'s core computing and storage components utilize Intel® processors, NVIDIA® graphics processing units and the Linux® operating system. Compute solutions also include integrated third-party hardware and software products that Co. sells to provide a single source solution for its customers. Co. groups its solution offerings under these main categories: Scale-out Computing, Scale-up Computing, High Performance Data Analytics, Clustered and High Performance Storage, Software, Networking and Global Services. According to our SGI split history records, SGI has had 2 splits. | |
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SGI (SGI) has 2 splits in our SGI split history database. The first split for SGI took place on February 24, 1992. This was a 2 for 1
split, meaning for each share of SGI 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. SGI's second split took place on December 16, 1993. This was a 2 for 1
split, meaning for each share of SGI 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 SGI 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 SGI 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 SGI shares, starting with a $10,000 purchase of SGI, presented on a split-history-adjusted basis factoring in the complete SGI split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/16/2014 |
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| End date: |
11/01/2016 |
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| Start price/share: |
$9.81 |
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| End price/share: |
$7.75 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-21.00% |
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| Average Annual Total Return: |
-10.48% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,900.40 |
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| Years: |
2.13 |
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| Date |
Ratio |
| 02/24/1992 | 2 for 1
| | 12/16/1993 | 2 for 1
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