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Video: What is a Stock Split?
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An insurance holding company in the United States which operates in five business segments: specialty insurance regional property casualty insurance alternative markets reinsurance and international. According to our BER split history records, BER has had 4 splits. | |
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BER (BER) has 4 splits in our BER split history database. The first split for BER took place on July 03, 2002. This was a 3 for 2 split, meaning for each 2 shares of BER 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. BER's second split took place on August 28, 2003. This was a 3 for 2 split, meaning for each 2 shares of BER 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. BER's third split took place on April 11, 2005. This was a 3 for 2 split, meaning for each 2 shares of BER owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. BER's 4th split took place on April 05, 2006. This was a 3 for 2 split, meaning for each 2 shares of BER owned pre-split, the shareholder now owned 3 shares. For example, a 3375 share position pre-split, became a 5062.5 share position following the split.
When a company such as BER 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 BER split history from start to finish, an original position size of 1000 shares would have turned into 5062.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BER shares, starting with a $10,000 purchase of BER, presented on a split-history-adjusted basis factoring in the complete BER split history.
BER -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
07/03/2002 | 3 for 2 | 08/28/2003 | 3 for 2 | 04/11/2005 | 3 for 2 | 04/05/2006 | 3 for 2 |
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