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Video: What is a Stock Split?
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SRA International provides technology and strategic consulting services and applications to government organizations. Co. is organized into the following sectors: National Security, which provides strategic and tactical command, control and communications systems; Health and Civil Services, which provides information technology consulting services and enterprise-wide infrastructure support to federal civil agencies and health consulting services; Intelligence and Space, which provides technical and functional services to improve information gathering and analysis for intelligence and space agencies. Co. also provides applications for aircraft and vehicle tracking through Era Systems Corp. According to our SRX split history records, SRX has had 1 split. | |
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SRX (SRX) has 1 split in our SRX split history database. The split for SRX took place on May 31, 2005. This was a 2 for 1 split, meaning for each share of SRX 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 SRX 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 SRX 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 SRX shares, starting with a $10,000 purchase of SRX, presented on a split-history-adjusted basis factoring in the complete SRX split history.
SRX -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
05/31/2005 | 2 for 1 |
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