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 Video: What is a Stock Split?
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| Sykes Enterprises is a provider of global customer experience management services, multichannel demand generation and digital transformation. Co.'s customer experience management solutions and services include: Outsourced Customer Engagement Solutions and Services, in which Co. provides phone, e-mail, social media, text messaging, chat and digital self-service support; Fulfillment Services, in which Co. provides fulfillment services that are integrated with its customer care and technical support services in Europe; and Enterprise Support Services, in which Co. provides enterprise support services including technical staffing services and outsourced corporate help desk solutions. According to our SYKE split history records, SYKE has had 2 splits. | |
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SYKE (SYKE) has 2 splits in our SYKE split history database. The first split for SYKE took place on July 29, 1996. This was a 3 for 2
split, meaning for each 2
shares of SYKE 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. SYKE's second split took place on May 30, 1997. This was a 3 for 2
split, meaning for each 2
shares of SYKE 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 SYKE 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 SYKE 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 SYKE shares, starting with a $10,000 purchase of SYKE, presented on a split-history-adjusted basis factoring in the complete SYKE 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: |
08/27/2021 |
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| Start price/share: |
$19.94 |
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| End price/share: |
$54.00 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
170.81% |
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| Average Annual Total Return: |
15.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,082.12 |
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| Years: |
6.89 |
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| Date |
Ratio |
| 07/29/1996 | 3 for 2
| | 05/30/1997 | 3 for 2
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