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 Video: What is a Stock Split?
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| Cognizant Technology Solutions is a services company and engineering business. Co.'s services include digital services and solutions, and systems integration. Co.'s services and solutions are organized into four integrated practices: Core Technologies and Insights, which helps clients build organizations that apply cloud, data, software, and Internet of Things; Enterprise Platform Services, which helps clients digitally transform multiple front- and back-office business processes; Intuitive Operations and Automation, which helps clients build and run operations; and Software and Platform Engineering, which helps clients develop enterprises through digital products, services and solutions. According to our Cognizant Technology Solutions stock split history records, Cognizant Technology Solutions has had 5 splits. | |
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Cognizant Technology Solutions (CTSH) has 5 splits in our Cognizant Technology Solutions stock split history database. The first split for CTSH took place on March 17, 2000. This was a 2 for 1
split, meaning for each share of CTSH 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. CTSH's second split took place on April 02, 2003. This was a 3 for 1 split, meaning for each share of CTSH owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split. CTSH's third split took place on June 18, 2004. This was a 2 for 1 split, meaning for each share of CTSH owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. CTSH's 4th split took place on October 17, 2007. This was a 2 for 1 split, meaning for each share of CTSH owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split. CTSH's 5th split took place on March 10, 2014. This was a 2 for 1 split, meaning for each share of CTSH owned pre-split, the shareholder now owned 2 shares. For example, a 24000 share position pre-split, became a 48000 share position following the split.
When a company such as Cognizant Technology Solutions 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 Cognizant Technology Solutions stock split history from start to finish, an original position size of 1000 shares would have turned into 48000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cognizant Technology Solutions shares, starting with a $10,000 purchase of CTSH, presented on a split-history-adjusted basis factoring in the complete Cognizant Technology Solutions stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/29/2013 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$32.14 |
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| End price/share: |
$62.88 |
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| Starting shares: |
311.14 |
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| Ending shares: |
337.12 |
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| Dividends reinvested/share: |
$5.55 |
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| Total return: |
111.98% |
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| Average Annual Total Return: |
7.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,188.40 |
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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: |
05/29/2013 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$32.14 |
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| End price/share: |
$62.88 |
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| Dividends collected/share: |
$5.55 |
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| Total return: |
112.91% |
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| Average Annual Total Return: |
7.85% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$21,286.86 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/17/2000 | 2 for 1
| | 04/02/2003 | 3 for 1 | | 06/18/2004 | 2 for 1 | | 10/17/2007 | 2 for 1 | | 03/10/2014 | 2 for 1 |
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