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Video: What is a Stock Split?
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Superior Industries International is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs) in North America and Europe and aftermarket in Europe. Co.'s OEM aluminum wheels are primarily sold for factory installation on vehicle models manufactured by BMW (including Mini), Daimler Group (Mercedes-Benz, AMG, Smart), Ford, GM, Honda, Jaguar-Land Rover, Lucid Motors, Mazda, Nissan, PSA, Renault, Stellantis, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley) and Volvo. Co. also sells aluminum wheels to the European aftermarket under the brands ATS, RIAL, ALUTEC and ANZIO. According to our SUP split history records, Superior Industries International has had 2 splits. | |
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Superior Industries International (SUP) has 2 splits in our SUP split history database. The first split for SUP took place on August 10, 1992. This was a 2 for 1
split, meaning for each share of SUP 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. SUP's second split took place on July 21, 1993. This was a 3 for 2
split, meaning for each 2
shares of SUP owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split.
When a company such as Superior Industries International 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 SUP split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Superior Industries International shares, starting with a $10,000 purchase of SUP, presented on a split-history-adjusted basis factoring in the complete SUP split history.
Growth of $10,000.00
With 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: |
$17.44 |
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End price/share: |
$2.81 |
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Starting shares: |
573.39 |
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Ending shares: |
682.07 |
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Dividends reinvested/share: |
$2.61 |
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Total return: |
-80.83% |
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Average Annual Total Return: |
-15.22% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,917.51 |
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Years: |
10.00 |
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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: |
$17.44 |
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End price/share: |
$2.81 |
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Dividends collected/share: |
$2.61 |
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Total return: |
-68.92% |
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Average Annual Total Return: |
-11.03% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3,106.68 |
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Years: |
10.00 |
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Date |
Ratio |
08/10/1992 | 2 for 1
| 07/21/1993 | 3 for 2
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