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 Video: What is a Stock Split?
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| Belo is a television company. As of Dec 31 2012, Co. owned 20 television stations, including ABC, CBS, NBC, FOX, CW and MyNetwork TV affiliates, and their associated websites. Co.'s stations are concentrated in three regions: Texas, the Northwest and Arizona. Co. also owns two regional news channels, Texas Cable News in Dallas/Fort Worth, TX, and Northwest Cable News in Seattle/Tacoma, WA, and three local news channels, 24/7 NewsChannel in Boise, ID, NewsWatch on Channel 15 in New Orleans, LA, and the 3TV 24/7 news channels in Phoenix, AZ. These operations provide news coverage and certain other programming. Co.'s television stations sell airtime to local, regional and national advertisers. According to our BLC split history records, BLC has had 4 splits. | |
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BLC (BLC) has 4 splits in our BLC split history database. The first split for BLC took place on May 20, 1988. This was a 2 for 1
split, meaning for each share of BLC 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. BLC's second split took place on June 12, 1995. This was a 2 for 1
split, meaning for each share of BLC 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. BLC's third split took place on June 08, 1998. This was a 2 for 1
split, meaning for each share of BLC owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split. BLC's 4th split took place on February 11, 2008. This was a 10000 for 8109 split, meaning for each 8109 shares of BLC owned pre-split, the shareholder now owned 10000 shares. For example, a 8000 share position pre-split, became a 9865.58145270687 share position following the split.
When a company such as BLC 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 BLC split history from start to finish, an original position size of 1000 shares would have turned into 9865.58145270687 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BLC shares, starting with a $10,000 purchase of BLC, presented on a split-history-adjusted basis factoring in the complete BLC split history.
BLC -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 05/20/1988 | 2 for 1
| | 06/12/1995 | 2 for 1
| | 06/08/1998 | 2 for 1
| | 02/11/2008 | 10000 for 8109 |
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