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 Video: What is a Stock Split?
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| Baldor Electric markets, designs, and manufactures industrial electric motors, mechanical power transmission products, drives, and generators. Co.'s Baldor•Reliance electric motors include alternating and direct current electric motors. Co.'s Baldor•Dodge mechanical power transmission products include mounted bearings, enclosed shaft mount, helical and worm gearing, and other mechanical power transmission components. Co.'s drives include linear and rotary servo motors and motion control products, in addition to its Baldor drives. Co.'s Baldor generator product line includes portable, industrial towable, mobile light towers, emergency and standby, prime power, and peak-shaving generators. According to our BEZ split history records, BEZ has had 5 splits. | |
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BEZ (BEZ) has 5 splits in our BEZ split history database. The first split for BEZ took place on September 21, 1989. This was a 3 for 2
split, meaning for each 2
shares of BEZ 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. BEZ's second split took place on December 18, 1992. This was a 3 for 2
split, meaning for each 2
shares of BEZ 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. BEZ's third split took place on January 10, 1994. This was a 6 for 5
split, meaning for each 5
shares of BEZ owned pre-split, the shareholder now owned 6 shares. For example, a 2250 share position pre-split, became a 2700 share position following the split. BEZ's 4th split took place on September 07, 1995. This was a 3 for 2
split, meaning for each 2
shares of BEZ owned pre-split, the shareholder now owned 3 shares. For example, a 2700 share position pre-split, became a 4050 share position following the split. BEZ's 5th split took place on December 16, 1997. This was a 4 for 3
split, meaning for each 3
shares of BEZ owned pre-split, the shareholder now owned 4 shares. For example, a 4050 share position pre-split, became a 5400 share position following the split.
When a company such as BEZ 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 BEZ split history from start to finish, an original position size of 1000 shares would have turned into 5400 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BEZ shares, starting with a $10,000 purchase of BEZ, presented on a split-history-adjusted basis factoring in the complete BEZ split history.
BEZ -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 09/21/1989 | 3 for 2
| | 12/18/1992 | 3 for 2
| | 01/10/1994 | 6 for 5
| | 09/07/1995 | 3 for 2
| | 12/16/1997 | 4 for 3
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