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Video: What is a Stock Split?
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TD SYNNEX is a provider of a range of distribution, systems design and integration solutions for the technology industry. Co. groups the majority of its offerings into two primary solutions portfolios, Endpoint Solutions and Advanced Solutions which are comprised of the following: its Endpoint Solutions portfolio primarily includes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software and consumer electronics; and its Advanced Solutions portfolio primarily includes data center technologies such as storage, networking, servers, advanced technology software and converged and hyper-converged infrastructure as well as other solution businesses. According to our SNX split history records, TD SYNNEX has had 1 split. | |
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TD SYNNEX (SNX) has 1 split in our SNX split history database. The split for SNX took place on December 01, 2020. This was a 2 for 1 split, meaning for each share of SNX 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 TD SYNNEX 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 SNX 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 TD SYNNEX shares, starting with a $10,000 purchase of SNX, presented on a split-history-adjusted basis factoring in the complete SNX 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: |
04/18/2024 |
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Start price/share: |
$34.92 |
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End price/share: |
$113.75 |
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Starting shares: |
286.37 |
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Ending shares: |
316.61 |
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Dividends reinvested/share: |
$7.15 |
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Total return: |
260.15% |
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Average Annual Total Return: |
13.67% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$36,000.30 |
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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: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$34.92 |
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End price/share: |
$113.75 |
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Dividends collected/share: |
$7.15 |
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Total return: |
246.22% |
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Average Annual Total Return: |
13.23% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$34,631.18 |
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Years: |
10.00 |
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Date |
Ratio |
12/01/2020 | 2 for 1 |
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