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Stryker ($SYK) Stock Split History

Stryker stock has experienced a total of 9 stock splits in its history. The most recent stock split took place on May 17th, 2004. As a result of these stock splits, one Stryker share purchased prior to November 12th, 1980, would now be equivalent to holding 162 Stryker shares today.

Stryker ($SYK) Stock Split History Graph and Chart

Stryker ($SYK) Stock Split Dates

Date Ratio
5/17/20042 for 1
5/15/20002 for 1
6/11/19962 for 1
6/14/19912 for 1
6/20/19891.5 for 1
6/12/19872 for 1
9/17/19853 for 2
11/15/19823 for 2
11/12/19803 for 2

FAQs (Frequently Asked Questions)

How Does a Stryker Share Split Work?

A Stryker stock split is no different than any other stock split. Stryker is simply packaging the number of outstanding shares in a different way. For example, in a 2-for-1 split, the amount of shares will double (and the price will be divided by 2, accordingly). Say you have 100 shares of Stryker, then the day of the split you will receive 2 shares for every 1 share you hold in your brokerage account, meaning you will receive 200 shares on the stock split date. However, the price of the stock will reflect this change and your holding of Stryker (in terms of value) will remain practically the same.

Benefits of a Stryker Stock Split?

A stock split does not change the fundamental value of a company. Meaning a Stryker stock split will not make the business more valuable. However, there is a psychological benefit in that the share price will be lower after the split, making shares seem more accessible to everyone and thus temporarily increasing demand and ramping up share prices. To further explore stock splits, please refer to Investopedia.

Buying Before or After a $SYK Stock Split?

While this is not financial advice and we have not run any thorough studies on the matter, general consensus is that price tends to go up after the announcement of a stock split and before the stock split itself happens.

Will Stryker Stock Split?

Unfortunately, we do not know. There might be rumors of a Stryker stock split, but the truth is that until the board proposes a shares split to its shareholders, it's all just noise.

How Does a Stock Split Affect $SYK Options?

A stock split affects options the same way it affect shares. In the case of a 2-for-1, the strike price of all the options chain post-split will be divided by 2 automatically. So if you're holding CALLs or PUTs, the strike price of the $SYK option will be automatically changed on the day of the split. Also, the number of shares will double. So if you have a CALL in a 2-for-1, after split you will have 2 calls to control 200 shares, and the strike price of those two CALLs would be halved.

Stryker Shares Split Results in Fractional Shares

Not all shares splits are even. Some splits, like a 3-for-2 can result in shareholders owning fractional shares. In these cases it's best to contact your broker, to be clear on how they will handle the $SYK shares split.