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 Video: What is a Stock Split?
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| Bio-Rad Laboratories is a manufacturer and distributor of its own life science research and clinical diagnostics products. Co. manufactures and supplies the life science research, healthcare, analytical chemistry and other markets with a range of products and systems used to separate chemical and biological materials and to identify, analyze and purify their components. Co. operates in two segments: Life Science, which develops, manufactures and markets a portfolio of various products; and Clinical Diagnostics, which designs, manufactures, markets and supports test systems, informatics systems, test kits and quality controls that serve clinical laboratories in the diagnostics market. According to our BIO split history records, Bio-Rad Laboratories has had 5 splits. | |
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Bio-Rad Laboratories (BIO) has 5 splits in our BIO split history database. The first split for BIO took place on March 08, 2002. This was a 2 for 1 split, meaning for each share of BIO 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. BIO's second split took place on July 31, 1985. BIO's third split took place on August 01, 1985. This was a 3 for 2 split, meaning for each 2 shares of BIO owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. BIO's 4th split took place on June 10, 1986. BIO's 5th split took place on June 11, 1986. This was a 3 for 2 split, meaning for each 2 shares of BIO owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 4500 share position following the split.
When a company such as Bio-Rad Laboratories 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 BIO split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bio-Rad Laboratories shares, starting with a $10,000 purchase of BIO, presented on a split-history-adjusted basis factoring in the complete BIO split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/24/2013 |
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| End date: |
09/21/2023 |
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| Start price/share: |
$114.51 |
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| End price/share: |
$357.30 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
212.03% |
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| Average Annual Total Return: |
12.06% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$31,215.53 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/08/2002 | 2 for 1 | | 07/31/1985 | 1 for 1 | | 08/01/1985 | 3 for 2 | | 06/10/1986 | 1 for 1 | | 06/11/1986 | 3 for 2 |
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