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Video: What is a Stock Split?
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BioAmber is an industrial biotechnology company producing renewable chemicals. Co.'s technology platform combines industrial biotechnology and chemical catalysis to convert bio-based feedstocks into renewable chemicals that are replacements for petroleum-derived chemicals used in a variety of everyday products including plastics, resins, paints, food additives and personal care products. Co. sells its initial product, bio-succinic acid, to customers in a variety of chemical markets. Succinic acid can be used to manufacture a variety of products, including plastics, food additives and personal care products, and can also be used as a building block for a number of derivative chemicals. According to our BIOA split history records, BIOA has had 1 split. | |
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BIOA (BIOA) has 1 split in our BIOA split history database. The split for BIOA took place on June 03, 1996. This was a 3 for 2
split, meaning for each 2
shares of BIOA 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 BIOA 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 BIOA 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 BIOA shares, starting with a $10,000 purchase of BIOA, presented on a split-history-adjusted basis factoring in the complete BIOA split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/25/2014 |
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End date: |
05/07/2018 |
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Start price/share: |
$10.15 |
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End price/share: |
$0.01 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.90% |
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Average Annual Total Return: |
-82.01% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9.85 |
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Years: |
4.04 |
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Date |
Ratio |
06/03/1996 | 3 for 2
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