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 Video: What is a Stock Split?
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| The Buckle is a retailer of casual apparel, footwear, and accessories for young men and women. Co. markets a selection of brand name casual apparel including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. Co. provides denims from brands such as Miss Me, Rock Revival, KanCan, Bridge by GLY, Levi's, Smoke Rise, Vervet, and Wrangler. Co. also incorporates other services such as hemming, gift-packaging, layaways, a guest loyalty program, the Buckle private label credit card, personalized stylist services, and an order system that allows stores to obtain specifically requested merchandise from other Co. stores or from Co.'s online order fulfillment center. According to our BKE split history records, Buckle has had 5 splits. | |
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Buckle (BKE) has 5 splits in our BKE split history database. The first split for BKE took place on April 25, 1997. This was a 2 for 1
split, meaning for each share of BKE 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. BKE's second split took place on June 09, 1998. This was a 3 for 2
split, meaning for each 2
shares of BKE 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. BKE's third split took place on January 16, 2007. This was a 3 for 2 split, meaning for each 2 shares of BKE 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. BKE's 4th split took place on October 31, 2008. This was a 3 for 2 split, meaning for each 2 shares of BKE owned pre-split, the shareholder now owned 3 shares. For example, a 4500 share position pre-split, became a 6750 share position following the split. BKE's 5th split took place on January 13, 2014. This was a 10241 for 10000 split, meaning for each 10000 shares of BKE owned pre-split, the shareholder now owned 10241 shares. For example, a 6750 share position pre-split, became a 6912.675 share position following the split.
When a company such as Buckle 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 BKE split history from start to finish, an original position size of 1000 shares would have turned into 6912.675 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Buckle shares, starting with a $10,000 purchase of BKE, presented on a split-history-adjusted basis factoring in the complete BKE split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$45.00 |
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| End price/share: |
$43.40 |
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| Starting shares: |
222.22 |
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| Ending shares: |
599.20 |
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| Dividends reinvested/share: |
$32.20 |
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| Total return: |
160.05% |
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| Average Annual Total Return: |
10.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$26,008.25 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$45.00 |
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| End price/share: |
$43.40 |
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| Dividends collected/share: |
$32.20 |
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| Total return: |
68.00% |
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| Average Annual Total Return: |
5.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,792.24 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/25/1997 | 2 for 1
| | 06/09/1998 | 3 for 2
| | 01/16/2007 | 3 for 2 | | 10/31/2008 | 3 for 2 | | 01/13/2014 | 10241 for 10000 |
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