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Video: What is a Stock Split?
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Stryker is a medical technology company. Co. has two segments: MedSurg and Neurotechnology and Orthopaedics and Spine. MedSurg products include surgical equipment, patient and caregiver safety technologies, and navigation systems, endoscopic and communications systems, patient handling, and emergency medical equipment and intensive care disposable products. Neurotechnology includes neurosurgical, neurovascular and craniomaxillofacial implant products. Orthopaedics products consist primarily of implants used in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. Co.'s spinal implant offering includes cervical and thoracolumbar systems. According to our Stryker stock split history records, Stryker has had 5 splits. | |
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Stryker (SYK) has 5 splits in our Stryker stock split history database. The first split for SYK took place on June 20, 1989. This was a 3 for 2
split, meaning for each 2
shares of SYK 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. SYK's second split took place on June 14, 1991. This was a 2 for 1
split, meaning for each share of SYK owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. SYK's third split took place on June 11, 1996. This was a 2 for 1
split, meaning for each share of SYK owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. SYK's 4th split took place on May 15, 2000. This was a 2 for 1
split, meaning for each share of SYK 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. SYK's 5th split took place on May 17, 2004. This was a 2 for 1 split, meaning for each share of SYK 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.
When a company such as Stryker 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 Stryker stock split history from start to finish, an original position size of 1000 shares would have turned into 24000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Stryker shares, starting with a $10,000 purchase of SYK, presented on a split-history-adjusted basis factoring in the complete Stryker 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: |
$67.23 |
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End price/share: |
$272.58 |
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Starting shares: |
148.74 |
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Ending shares: |
168.89 |
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Dividends reinvested/share: |
$19.41 |
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Total return: |
360.37% |
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Average Annual Total Return: |
16.50% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$46,033.88 |
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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: |
$67.23 |
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End price/share: |
$272.58 |
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Dividends collected/share: |
$19.41 |
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Total return: |
334.32% |
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Average Annual Total Return: |
15.82% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$43,417.10 |
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Years: |
10.00 |
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Date |
Ratio |
06/20/1989 | 3 for 2
| 06/14/1991 | 2 for 1
| 06/11/1996 | 2 for 1
| 05/15/2000 | 2 for 1
| 05/17/2004 | 2 for 1 |
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