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Video: What is a Stock Split?
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Balchem is engaged in the development, manufacture, distribution and marketing of specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition and industrial markets. Co. has three segments: Human Nutrition and Health, which provides human grade choline nutrients and mineral amino acid chelated products for nutrition and health applications; Animal Nutrition and Health, which provides nutritional products derived from Co.'s microencapsulation and chelation technologies in addition to basic choline chloride; and Specialty Products, which distributes ethylene oxide, propylene oxide and ammonia. According to our BCPC split history records, Balchem has had 5 splits. | |
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Balchem (BCPC) has 5 splits in our BCPC split history database. The first split for BCPC took place on January 22, 2007. This was a 3 for 2 split, meaning for each 2 shares of BCPC 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. BCPC's second split took place on January 21, 2010. This was a 3 for 2 split, meaning for each 2 shares of BCPC owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. BCPC's third split took place on December 31, 1990. This was a 5 for 4 split, meaning for each 4 shares of BCPC owned pre-split, the shareholder now owned 5 shares. For example, a 2250 share position pre-split, became a 2812.5 share position following the split. BCPC's 4th split took place on December 30, 1991. This was a 4 for 3 split, meaning for each 3 shares of BCPC owned pre-split, the shareholder now owned 4 shares. For example, a 2812.5 share position pre-split, became a 3750 share position following the split. BCPC's 5th split took place on October 04, 1994. This was a 3 for 2 split, meaning for each 2 shares of BCPC owned pre-split, the shareholder now owned 3 shares. For example, a 3750 share position pre-split, became a 5625 share position following the split.
When a company such as Balchem 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 BCPC split history from start to finish, an original position size of 1000 shares would have turned into 5625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Balchem shares, starting with a $10,000 purchase of BCPC, presented on a split-history-adjusted basis factoring in the complete BCPC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$52.12 |
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End price/share: |
$154.46 |
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Starting shares: |
191.86 |
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Ending shares: |
201.99 |
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Dividends reinvested/share: |
$5.15 |
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Total return: |
212.00% |
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Average Annual Total Return: |
12.05% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$31,187.69 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$52.12 |
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End price/share: |
$154.46 |
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Dividends collected/share: |
$5.15 |
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Total return: |
206.24% |
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Average Annual Total Return: |
11.85% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,635.62 |
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Years: |
10.00 |
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Date |
Ratio |
01/22/2007 | 3 for 2 | 01/21/2010 | 3 for 2 | 12/31/1990 | 5 for 4 | 12/30/1991 | 4 for 3 | 10/04/1994 | 3 for 2 |
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