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 Video: What is a Stock Split?
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| Steiner Leisure operates in four segments: Spa Operations, which provides massages and other body treatments, as well as beauty treatments to women, men and teenagers on cruise ships and at land-based spas; Products, which develops and sells beauty products under its Elemis, La Therapie™, Bliss, Remede® and Laboratoire Remede® brands, and also sells products of third parties; Schools, which provides programs in massage therapy, beauty and skin care; and Ideal Image, which provides the removal of unwanted facial and body hair in a clinical setting. At Feb 2 2015, Co. served 148 cruise ships, and operated 45 resort spas, 11 urban hotel spas, five day spas and 110 Ideal Image centers. According to our STNR split history records, STNR has had 2 splits. | |
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STNR (STNR) has 2 splits in our STNR split history database. The first split for STNR took place on October 27, 1997. This was a 3 for 2
split, meaning for each 2
shares of STNR owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. STNR's second split took place on April 29, 1998. This was a 3 for 2
split, meaning for each 2
shares of STNR owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.
When a company such as STNR 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 STNR split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into STNR shares, starting with a $10,000 purchase of STNR, presented on a split-history-adjusted basis factoring in the complete STNR split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
12/09/2015 |
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| Start price/share: |
$37.05 |
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| End price/share: |
$62.73 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
69.31% |
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| Average Annual Total Return: |
56.68% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,930.64 |
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| Years: |
1.17 |
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| Date |
Ratio |
| 10/27/1997 | 3 for 2
| | 04/29/1998 | 3 for 2
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