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 Video: What is a Stock Split?
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| Books-A-Million is a book retailer primarily located in the eastern U.S. Co. operates both superstores and bookstores. In addition to the retail store formats, Co. provides its products over the Internet at Booksamillion.com. Co.'s retail operations also include the operation of Yogurt Mountain Holding, LLC, a retailer and franchisor of self-serve frozen yogurt stores. Co. also develops and manages commercial real estate investments through its subsidiary, Preferred Growth Properties, LLC. Co. has three reportable operating segments: retail trade; electronic commerce trade; and real estate development and management. As of Jan. 31, 2015, Co. operated 196 superstores and 60 bookstores. According to our BAMM split history records, BAMM has had 1 split. | |
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BAMM (BAMM) has 1 split in our BAMM split history database. The split for BAMM took place on September 16, 1994. This was a 2 for 1
split, meaning for each share of BAMM 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 BAMM 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 BAMM 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 BAMM shares, starting with a $10,000 purchase of BAMM, presented on a split-history-adjusted basis factoring in the complete BAMM split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/16/2014 |
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| End date: |
12/10/2015 |
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| Start price/share: |
$1.68 |
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| End price/share: |
$3.25 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
93.45% |
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| Annualized Gain: |
95.01% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,345.00 |
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| Years: |
0.98 |
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| Date |
Ratio |
| 09/16/1994 | 2 for 1
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