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Video: What is a Stock Split?
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Support.com provides customer and technical support solutions. Co.'s homesourcing model, which enables outsourced work to be delivered by people working from home, has been designed for remote work, with attention to security, recruiting, training, delivery, and employee engagement. Co. provides outsourced customer support and cloud-based technology platforms to companies in multiple industry verticals. Co. also provides technical support programs to its enterprise clients that are sold to the clients' end customers. Co.'s SUPERAntiSpyware® software is a malware protection and removal software product available for the Windows OS on personal computers and tablets. According to our SPRT stock split history records, SPRT has had 1 split. | |
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SPRT (SPRT) has 1 split in our SPRT stock split history database. The split for SPRT took place on January 20, 2017. This was a 1 for 3 reverse split, meaning for each 3 shares of SPRT owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split.
When a company such as SPRT conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the SPRT stock split history from start to finish, an original position size of 1000 shares would have turned into 333.333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SPRT shares, starting with a $10,000 purchase of SPRT, presented on a split-history-adjusted basis factoring in the complete SPRT stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/28/2014 |
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End date: |
09/14/2021 |
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Start price/share: |
$7.41 |
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End price/share: |
$11.80 |
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Starting shares: |
1,349.53 |
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Ending shares: |
2,502.97 |
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Dividends reinvested/share: |
$1.00 |
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Total return: |
195.35% |
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Average Annual Total Return: |
15.79% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$29,532.05 |
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Years: |
7.39 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/28/2014 |
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End date: |
09/14/2021 |
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Start price/share: |
$7.41 |
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End price/share: |
$11.80 |
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Dividends collected/share: |
$1.00 |
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Total return: |
72.74% |
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Average Annual Total Return: |
7.68% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,272.66 |
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Years: |
7.39 |
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Date |
Ratio |
01/20/2017 | 1 for 3 |
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