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Video: What is a Stock Split?
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A designer and marketer of children's footwear in the U.S. as well as athletic casual footwear for children and adults. The company's footwear is marketed under Stride Rite® Keds® PRO-Keds® Sperry® Grasshoppers® Munchkin® and Tommy Hilfiger®. According to our SRR split history records, SRR has had 3 splits. | |
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SRR (SRR) has 3 splits in our SRR split history database. The first split for SRR took place on December 31, 1987. This was a 2 for 1
split, meaning for each share of SRR 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. SRR's second split took place on July 19, 1989. This was a 2 for 1
split, meaning for each share of SRR 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. SRR's third split took place on December 19, 1991. This was a 2 for 1
split, meaning for each share of SRR owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as SRR 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 SRR split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SRR shares, starting with a $10,000 purchase of SRR, presented on a split-history-adjusted basis factoring in the complete SRR split history.

SRR -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
12/31/1987 | 2 for 1
| 07/19/1989 | 2 for 1
| 12/19/1991 | 2 for 1
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