Syntel (SYNT) Announces 2-for-1 Stock Split

Syntel, Inc. (SYNT), announced today that its Board of Directors has approved a 2-for-1 stock split of its outstanding common shares. An additional share will be issued for each existing common share on November 3, 2014 to shareholders of record on October 20, 2014. Syntel shares are expected to begin trading on a split-adjusted basis on November 4, 2014.

SYNT shares recently lost 0.21 to $87.28. The stock is up more than 10.54% year-over-year and has lost roughly -4.04% year-to-date. In the past 52 weeks, shares of the Troy, Michigan-company have traded between a low of $76.52 and a high of $97.23.

Syntel, which closed Tuesday at $87.28, has a total market cap of $3.65B.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.