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CGI (GIB) has 1 split in our GIB split history database. The split for GIB took place on January 18, 2000. This was a 2 for 1 split, meaning for each share of GIB 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.
When a company such as CGI 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 GIB 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 CGI shares, starting with a $10,000 purchase of GIB, presented on a split-history-adjusted basis factoring in the complete GIB split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||17.95%|
|CGI is engaged in managing information technology services, including outsourcing, systems integration and consulting, software licenses and maintenance, as well as business process services to help clients realize their strategies and create added value. According to our GIB split history records, CGI has had 1 split.|
|GIB Split History Table|
|01/18/2000||2 for 1|
|Technology Stock Splits|
|GIB is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: GIB shares outstanding history