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 Video: What is a Stock Split?
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| Stryker is a medical technology company offering products and services in Medical and Surgical, Neurotechnology, Orthopedics, and Spine. It operates through two segments: MedSurg and Neurotechnology, and Orthopedics and Spine. Its products include surgical equipment, navigation systems, endoscopic and communication systems, patient handling and emergency medical equipment, clinical communication solutions, neurosurgical and neurovascular devices, joint replacement implants, Mako Robotic-Arm Assisted technology, spinal devices, and neurointerventional devices. It also offers the Fortress modular wall system and specializes in soft tissue fixation and AI-assisted virtual care workflows. 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: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$92.00 |
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| End price/share: |
$382.68 |
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| Starting shares: |
108.70 |
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| Ending shares: |
122.38 |
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| Dividends reinvested/share: |
$22.36 |
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| Total return: |
368.32% |
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| Average Annual Total Return: |
16.69% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$46,829.56 |
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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: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$92.00 |
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| End price/share: |
$382.68 |
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| Dividends collected/share: |
$22.36 |
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| Total return: |
340.26% |
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| Average Annual Total Return: |
15.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$44,018.26 |
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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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