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 Video: What is a Stock Split?
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| The Company provides technology engineering procurement construction maintenance pipe fabrication and consulting services to the energy and chemical industries. It also provides services to governmental and commercial customers. According to our SGR split history records, SGR has had 1 split. | |
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SGR (SGR) has 1 split in our SGR split history database. The split for SGR took place on December 18, 2000. This was a 2 for 1 split, meaning for each share of SGR 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 SGR 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 SGR 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 SGR shares, starting with a $10,000 purchase of SGR, presented on a split-history-adjusted basis factoring in the complete SGR split history.
SGR -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 12/18/2000 | 2 for 1 |
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