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Video: What is a Stock Split?
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SunPower is a solar technology and energy services provider that provides solar, storage, and home energy solutions to customers primarily in the U.S. and Canada through an array of hardware, software, and financing options and Smart Energy solutions. Co.'s Residential, Light Commercial segment refers to sales of solar, storage and home energy solutions and components, through a combination of its third-party installing and non-installing dealer network and resellers and its in-house sales team. Co.'s Commercial and Industrial Solutions segment refers to direct sales of turn-key engineering, procurement and construction services and sales of energy under power purchase agreements. According to our SunPower stock split history records, SunPower has had 1 split. | |
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SunPower (SPWR) has 1 split in our SunPower stock split history database. The split for SPWR took place on August 27, 2020. This was a 1527 for 1000 split, meaning for each 1000 shares of SPWR owned pre-split, the shareholder now owned 1527 shares. For example, a 1000 share position pre-split, became a 1527 share position following the split.
When a company such as SunPower 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 SunPower stock split history from start to finish, an original position size of 1000 shares would have turned into 1527 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SunPower shares, starting with a $10,000 purchase of SPWR, presented on a split-history-adjusted basis factoring in the complete SunPower stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$21.78 |
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End price/share: |
$1.94 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-91.09% |
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Average Annual Total Return: |
-21.49% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$890.30 |
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Years: |
10.00 |
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Date |
Ratio |
08/27/2020 | 1527 for 1000 |
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