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 Video: What is a Stock Split?
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| TSR is primarily engaged in the business of providing contract computer programming services to its customers. Co. provides its customers with technical computer personnel to supplement their in-house information technology (IT) capabilities. Co. also provides contract administrative (non-IT) workers to its IT customers. Co. has staffing capabilities in the areas of application development in .net and java, mobile applications for android and IOS platforms, project management, IT security personnel, cloud development and architecture, business analysts, UI design and development, network infrastructure and support and database development and administration. According to our TSRI split history records, TSR has had 2 splits. | |
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TSR (TSRI) has 2 splits in our TSRI split history database. The first split for TSRI took place on November 15, 1996. This was a 2 for 1
split, meaning for each share of TSRI 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. TSRI's second split took place on November 18, 1997. This was a 2 for 1
split, meaning for each share of TSRI owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as TSR 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 TSRI split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TSR shares, starting with a $10,000 purchase of TSRI, presented on a split-history-adjusted basis factoring in the complete TSRI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/14/2011 |
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| End date: |
04/13/2021 |
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| Start price/share: |
$5.00 |
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| End price/share: |
$8.43 |
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| Starting shares: |
2,000.00 |
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| Ending shares: |
3,252.07 |
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| Dividends reinvested/share: |
$2.50 |
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| Total return: |
174.15% |
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| Average Annual Total Return: |
10.60% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$27,402.55 |
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| Years: |
10.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/14/2011 |
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| End date: |
04/13/2021 |
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| Start price/share: |
$5.00 |
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| End price/share: |
$8.43 |
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| Dividends collected/share: |
$2.50 |
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| Total return: |
118.60% |
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| Average Annual Total Return: |
8.13% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,859.89 |
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| Years: |
10.01 |
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| Date |
Ratio |
| 11/15/1996 | 2 for 1
| | 11/18/1997 | 2 for 1
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