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 Video: What is a Stock Split?
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| SP Plus is a provider of parking management, ground transportation and other ancillary services to commercial, institutional and municipal clients in the U.S., Puerto Rico and Canada. Co.'s services include a set of on-site parking management and ground transportation services, which consist of training, scheduling and supervising all service personnel as well as providing customer service, marketing, maintenance, security and accounting and revenue control functions. Co. also provides a range of ancillary services such as airport shuttle operations, valet services, taxi and livery dispatch services and municipal meter revenue collection and enforcement services. According to our STAN split history records, STAN has had 1 split. | |
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STAN (STAN) has 1 split in our STAN split history database. The split for STAN took place on January 18, 2008. This was a 2 for 1 split, meaning for each share of STAN 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 STAN 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 STAN 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 STAN shares, starting with a $10,000 purchase of STAN, presented on a split-history-adjusted basis factoring in the complete STAN split history.
STAN -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 01/18/2008 | 2 for 1 |
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