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 Video: What is a Stock Split?
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| Stericycle is engaged in regulated waste and compliance services and secure information destruction. Co.'s North America and International segments provide: Regulated Waste and Compliance Services, which provide collection and processing of regulated and specialized waste, including medical, pharmaceutical and hazardous waste, for disposal and compliance programs; communication solutions such as appointment reminders, secure messaging, event registration and other communications for hospitals and Integrated Delivery Networks; and Secure Information Destruction Services, which provide for the collection of information for secure destruction and recycling of shredded paper. According to our SRCL split history records, Stericycle has had 2 splits. | |
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Stericycle (SRCL) has 2 splits in our SRCL split history database. The first split for SRCL took place on June 03, 2002. This was a 2 for 1 split, meaning for each share of SRCL 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. SRCL's second split took place on June 01, 2007. This was a 2 for 1 split, meaning for each share of SRCL 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 Stericycle 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 SRCL 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 Stericycle shares, starting with a $10,000 purchase of SRCL, presented on a split-history-adjusted basis factoring in the complete SRCL split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$116.89 |
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| End price/share: |
$60.86 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-47.93% |
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| Average Annual Total Return: |
-6.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,204.65 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/03/2002 | 2 for 1 | | 06/01/2007 | 2 for 1 |
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