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 Video: What is a Stock Split?
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| Beacon Roofing Supply is a distributor of residential and non-residential roofing materials and complementary building products in the U.S. and Canada. Co. operates its business primarily under the trade name Beacon Building Products. Co. provides assortments of branded products in the industry. Co. provides the digital offering in building products distribution. Beacon PRO+ is Co.'s proprietary digital account management suite which allows customers to manage their business with it online, and Beacon 3D+ is its roofing estimating tool for its residential customers. Co. invests resources in development, management skills, product knowledge, and operational proficiency. According to our BECN split history records, Beacon Roofing Supply has had 1 split. | |
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Beacon Roofing Supply (BECN) has 1 split in our BECN split history database. The split for BECN took place on June 13, 2006. This was a 3 for 2 split, meaning for each 2 shares of BECN 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.
When a company such as Beacon Roofing Supply 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 BECN split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Beacon Roofing Supply shares, starting with a $10,000 purchase of BECN, presented on a split-history-adjusted basis factoring in the complete BECN split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
10/08/2024 |
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| Start price/share: |
$24.27 |
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| End price/share: |
$95.16 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
292.09% |
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| Average Annual Total Return: |
14.64% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$39,221.51 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/13/2006 | 3 for 2 |
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