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Video: What is a Stock Split?
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BJ's Wholesale Club Holdings is a holding company. Through its subsidiaries, Co. is a warehouse club operator on the east coast of the U.S. Co. provides an assortment focused on perishable products, general merchandise, gasoline and other ancillary services. Co. groups its merchandise offerings into two divisions: grocery, which consists of its meat, produce, dairy, bakery, deli and frozen products, packaged foods, beverages, detergents, disinfectants, paper products, beauty care, adult and baby care and pet foods; and general merchandise and services, which consist of optical, tires, small appliances, televisions, electronics, seasonal goods, gift cards, and apparel. According to our BJ split history records, BJs Wholesale Club Holdings has had 1 split. | |
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BJs Wholesale Club Holdings (BJ) has 1 split in our BJ split history database. The split for BJ took place on March 03, 1999. This was a 2 for 1
split, meaning for each share of BJ 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.
When a company such as BJs Wholesale Club Holdings 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 BJ split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BJs Wholesale Club Holdings shares, starting with a $10,000 purchase of BJ, presented on a split-history-adjusted basis factoring in the complete BJ split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/29/2018 |
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End date: |
10/08/2024 |
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Start price/share: |
$23.65 |
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End price/share: |
$88.58 |
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Dividends collected/share: |
$0.00 |
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Total return: |
274.55% |
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Average Annual Total Return: |
23.39% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$37,448.83 |
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Years: |
6.28 |
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Date |
Ratio |
03/03/1999 | 2 for 1
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