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 Video: What is a Stock Split?
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| Briggs & Stratton is a producer of gasoline engines for outdoor power equipment, and is a designer, manufacturer and marketer of power generation, pressure washer, lawn and garden, turf care and job site products through its Briggs & Stratton®, Simplicity®, Snapper®, Ferris®, Vanguard®, Allmand®, Billy Goat®, Hurricane®, Murray®, Branco® and Victa® brands. Co. conducts its operations in two reportable segments: Engines, which manufactures four-cycle aluminum alloy gasoline engines; and Products, which includes lawn and garden power equipment, turf care products, portable and standby generators, pressure washers, snow throwers, and job site products. According to our BGG split history records, BGG has had 2 splits. | |
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BGG (BGG) has 2 splits in our BGG split history database. The first split for BGG took place on November 15, 1994. This was a 2 for 1
split, meaning for each share of BGG owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. BGG's second split took place on November 10, 2004. This was a 2 for 1 split, meaning for each share of BGG owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as BGG 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 BGG split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BGG shares, starting with a $10,000 purchase of BGG, presented on a split-history-adjusted basis factoring in the complete BGG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
07/20/2020 |
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| Start price/share: |
$18.77 |
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| End price/share: |
$0.78 |
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| Starting shares: |
532.77 |
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| Ending shares: |
619.46 |
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| Dividends reinvested/share: |
$2.57 |
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| Total return: |
-95.17% |
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| Average Annual Total Return: |
-42.38% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$483.21 |
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| Years: |
5.50 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
07/20/2020 |
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| Start price/share: |
$18.77 |
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| End price/share: |
$0.78 |
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| Dividends collected/share: |
$2.57 |
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| Total return: |
-82.15% |
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| Average Annual Total Return: |
-26.92% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,784.23 |
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| Years: |
5.50 |
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| Date |
Ratio |
| 11/15/1994 | 2 for 1
| | 11/10/2004 | 2 for 1 |
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