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 Video: What is a Stock Split?
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| Tyler Technologies is a provider of integrated information management solutions and services for the public sector. Co. has a line of software solutions and services to address the information technology (IT) needs of primary areas of operations for cities, counties, schools and other government entities. Co. provides its clients on-premises software solutions and for clients who prefer not to physically acquire the software and hardware, most of its software applications can be delivered as software as a service. Co. provides IT services to its clients, including software and hardware installation, data conversion, training and, at times, product modifications. According to our Tyler Technologies stock split history records, Tyler Technologies has had 2 splits. | |
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Tyler Technologies (TYL) has 2 splits in our Tyler Technologies stock split history database. The first split for TYL took place on August 22, 1988. TYL's second split took place on May 15, 1990. This was a 3 for 1
split, meaning for each share of TYL owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Tyler Technologies 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 Tyler Technologies stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Tyler Technologies shares, starting with a $10,000 purchase of TYL, presented on a split-history-adjusted basis factoring in the complete Tyler Technologies stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
02/07/2013 |
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| End date: |
02/03/2023 |
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| Start price/share: |
$54.86 |
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| End price/share: |
$332.57 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
506.22% |
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| Average Annual Total Return: |
19.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$60,630.17 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 08/22/1988 | 1 for 1 | | 05/15/1990 | 3 for 1
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