Split History
SPAR split history picture
SPAR (SPAR) has 4 splits in our SPAR split history database. The first split for SPAR took place on October 01, 1991. This was a 3 for 2 split, meaning for each 2 shares of SPAR 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. SPAR's second split took place on July 01, 1993. This was a 3 for 2 split, meaning for each 2 shares of SPAR owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. SPAR's third split took place on December 18, 2006. This was a 3 for 2 split, meaning for each 2 shares of SPAR owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. SPAR's 4th split took place on June 29, 2007. This was a 3 for 2 split, meaning for each 2 shares of SPAR owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split.

When a company such as SPAR 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 SPAR split history from start to finish, an original position size of 1000 shares would have turned into 5062.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SPAR shares, starting with a $10,000 purchase of SPAR, presented on a split-history-adjusted basis factoring in the complete SPAR split history. SPAR split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 05/16/2011
End date: 05/29/2020
Start price/share: $5.45
End price/share: $17.08
Starting shares: 1,834.86
Ending shares: 2,096.07
Dividends reinvested/share: $0.90
Total return: 258.01%
Average Annual Total Return: 15.15%
Starting investment: $10,000.00
Ending investment: $35,814.68
Years: 9.04
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 05/16/2011
End date: 05/29/2020
Start price/share: $5.45
End price/share: $17.08
Dividends collected/share: $0.90
Total return: 229.91%
Average Annual Total Return: 14.11%
Starting investment: $10,000.00
Ending investment: $32,993.33
Years: 9.04
Spartan Motors is engaged in vehicle manufacturing and assembly for the commercial vehicle, emergency response and recreational vehicle industries. Co.'s segments are: Fleet Vehicles and Services, which manufactures commercial vehicles used in the e-commerce/last mile/parcel delivery and mobile retail industries; Emergency Response Vehicles, which engineers and manufactures custom emergency response cabs and chassis and apparatus; and Specialty Chassis and Vehicles, which engineers and manufactures Class A diesel motor home chassis, manufactures its Reach walk-in van, provides contract assembly of defense vehicles and other chassis, and distributes related aftermarket parts and accessories. According to our SPAR split history records, SPAR has had 4 splits.
Date Ratio
10/01/19913 for 2
07/01/19933 for 2
12/18/20063 for 2
06/29/20073 for 2
SPAR is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:

SPW Split History
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