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 Video: What is a Stock Split?
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| ABIOMED is a provider of medical devices that provide circulatory support and oxygenation. Co.'s existing products include: Impella 2.5®, which is a percutaneous heart pump with a motor and sensors; Impella CP®, which is primarily used by either interventional cardiologists to support patients in the cath lab or by cardiac surgeons in the heart surgery suite; Impella 5.0® and Impella LD®, which are percutaneous heart pumps with motors and sensors for use primarily in the heart surgery suite; Impella 5.5®, which is designed to be a percutaneous heart pump with motors and sensors; and Abiomed Breethe OXY-1 System, which is a portable external respiratory assistance device. According to our ABMD split history records, ABIOMED has had 1 split. | |
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ABIOMED (ABMD) has 1 split in our ABMD split history database. The split for ABMD took place on October 02, 2000. This was a 2 for 1 split, meaning for each share of ABMD 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 ABIOMED 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 ABMD 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 ABIOMED shares, starting with a $10,000 purchase of ABMD, presented on a split-history-adjusted basis factoring in the complete ABMD split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
11/27/2012 |
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| End date: |
11/25/2022 |
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| Start price/share: |
$14.65 |
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| End price/share: |
$378.08 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
2,480.75% |
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| Average Annual Total Return: |
38.41% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$258,032.66 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/02/2000 | 2 for 1 |
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