STEI (STEI) has 3 splits in our STEI split history database. The first split for STEI took place on December 02, 1993. This was a 3 for 2 split, meaning for each 2 shares of STEI 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. STEI's second split took place on June 24, 1996. This was a 3 for 2 split, meaning for each 2 shares of STEI 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. STEI's third split took place on April 27, 1998. This was a 2 for 1 split, meaning for each share of STEI owned pre-split, the shareholder now owned 2 shares. For example, a 2250 share position pre-split, became a 4500 share position following the split.

When a company such as STEI 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 STEI split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into STEI shares, starting with a $10,000 purchase of STEI, presented on a split-history-adjusted basis factoring in the complete STEI split history.
STEI -- use the split history when considering split-adjusted past price performance.

About STEI

Stewart Enterprises is a provider of funeral and cemetery products and services in the death care industry in the U.S. Co. provides a range of funeral and cremation merchandise and services, along with cemetery property, merchandise and services, both at the time of need and on a preneed basis. Co. sells cemetery property and related merchandise, including lots, lawn crypts, family and community mausoleums, monuments, markers and burial vaults, and also provide burial site openings and closings and inscriptions. As of Oct 31 2012, Co. owned and operated 217 funeral homes and 141 cemeteries in 24 states within the U.S. and Puerto Rico. Co.'s segments include funeral and cemetery. According to our STEI split history records, STEI has had 3 splits.

STEI Split History Table
Date	Ratio
12/02/1993	3 for 2
06/24/1996	3 for 2
04/27/1998	2 for 1

Services Stock Splits

STEI is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits: STNR Split History STRA Split History STRZA Split History STRZB Split History STV Split History SVU Split History SWY Split History SYY Split History TA Split History TACO Split History Free STEI Email Alerts: Get Dividend Alerts Get SEC Filing Alerts

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