 |
 Video: What is a Stock Split?
|
|
|
| ABIOMED develops, manufactures and markets products that are designed to enable the heart to rest, heal and recover by improving blood flow to the coronary arteries and end-organs and/or temporarily assisting the pumping function of the heart. Co.'s products include: Impella 2.5®, which is a percutaneous micro heart pump with an integrated motor and sensors; Impella CP®, which provides more blood flow than the Impella 2.5; Impella RP®, which is a percutaneous catheter-based axial flow pump; and Impella Connect®, which is a cloud-based technology that enables remote viewing of the Automated Impella Controller for physicians and hospital staff from anywhere with internet connectivity. According to our ABMD split history records, ABIOMED has had 1 split. | |
|
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
|
| Start date: |
03/01/2011 |
|
| End date: |
02/26/2021 |
|
| Start price/share: |
$12.71 |
|
| End price/share: |
$324.55 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
2,453.50% |
|
| Average Annual Total Return: |
38.27% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$255,434.54 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 10/02/2000 | 2 for 1 |
|
|
