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 Video: What is a Stock Split?
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| EGA Emerging Global Shares Trust - EGShares Beyond BRICS (the Fund) is an open-end management investment company. The Fund seeks investment results that correspond (before fees and expenses) to the price and yield performance of the INDXX Beyond BRICs Index. The INDXX Beyond BRICs index is comprised of 50 leading companies that INDXX, LLC determines to be representative of all industries in emerging market countries, excluding Brazil, Russia, India and China. As of Mar 31 2013, Co. had total assets of $7,713,448 and its total investments were $7,655,785. According to our BBRC split history records, BBRC has had 6 splits. | |
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BBRC (BBRC) has 6 splits in our BBRC split history database. The first split for BBRC took place on January 21, 1986. This was a 3 for 2
split, meaning for each 2
shares of BBRC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. BBRC's second split took place on December 15, 1986. This was a 5 for 4
split, meaning for each 4
shares of BBRC owned pre-split, the shareholder now owned 5 shares. For example, a 1500 share position pre-split, became a 1875 share position following the split. BBRC's third split took place on May 22, 1995. This was a 3 for 2
split, meaning for each 2
shares of BBRC owned pre-split, the shareholder now owned 3 shares. For example, a 1875 share position pre-split, became a 2812.5 share position following the split. BBRC's 4th split took place on April 09, 1997. This was a 3 for 2
split, meaning for each 2
shares of BBRC owned pre-split, the shareholder now owned 3 shares. For example, a 2812.5 share position pre-split, became a 4218.75 share position following the split. BBRC's 5th split took place on March 23, 1998. This was a 3 for 2
split, meaning for each 2
shares of BBRC owned pre-split, the shareholder now owned 3 shares. For example, a 4218.75 share position pre-split, became a 6328.125 share position following the split. BBRC's 6th split took place on December 21, 1999. This was a 3 for 2
split, meaning for each 2
shares of BBRC owned pre-split, the shareholder now owned 3 shares. For example, a 6328.125 share position pre-split, became a 9492.1875 share position following the split.
When a company such as BBRC 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 BBRC split history from start to finish, an original position size of 1000 shares would have turned into 9492.1875 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BBRC shares, starting with a $10,000 purchase of BBRC, presented on a split-history-adjusted basis factoring in the complete BBRC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/03/2013 |
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| End date: |
06/14/2019 |
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| Start price/share: |
$20.37 |
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| End price/share: |
$16.01 |
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| Starting shares: |
490.92 |
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| Ending shares: |
590.76 |
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| Dividends reinvested/share: |
$3.03 |
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| Total return: |
-5.42% |
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| Average Annual Total Return: |
-1.00% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,459.50 |
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| Years: |
5.53 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/03/2013 |
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| End date: |
06/14/2019 |
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| Start price/share: |
$20.37 |
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| End price/share: |
$16.01 |
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| Dividends collected/share: |
$3.03 |
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| Total return: |
-6.51% |
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| Average Annual Total Return: |
-1.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,349.09 |
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| Years: |
5.53 |
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| Date |
Ratio |
| 01/21/1986 | 3 for 2
| | 12/15/1986 | 5 for 4
| | 05/22/1995 | 3 for 2
| | 04/09/1997 | 3 for 2
| | 03/23/1998 | 3 for 2
| | 12/21/1999 | 3 for 2
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