When a company such as ASF 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 ASF split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ASF shares, starting with a $10,000 purchase of ASF, presented on a split-history-adjusted basis factoring in the complete ASF split history.
ASF -- use the split history when considering split-adjusted past price performance.

About ASF

Administaff is a professional employer organization that provides Personnel Management Systemsm, which encompasses a range of services such as benefits and payroll administration, health and workers' compensation insurance programs, personnel records management, employer liability management, employee recruiting and selection, employee performance management and employee training and development services to small and medium-sized businesses in selected markets. Co. also performs employee screening and recordkeeping services for defined contribution plans and provides an online Web site for human resource products, services and information, as well as small business software applications. According to our ASF split history records, ASF has had 1 split.

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