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Video: What is a Stock Split?
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Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. Co. operates in a single segment of fuel cell products and services. According to our BLDP split history records, Ballard Power Systems has had 1 split. | |
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Ballard Power Systems (BLDP) has 1 split in our BLDP split history database. The split for BLDP took place on June 03, 1998. This was a 3 for 1
split, meaning for each share of BLDP owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Ballard Power Systems 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 BLDP split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ballard Power Systems shares, starting with a $10,000 purchase of BLDP, presented on a split-history-adjusted basis factoring in the complete BLDP split history.

Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$2.58 |
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End price/share: |
$1.47 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-43.02% |
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Average Annual Total Return: |
-5.47% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,698.54 |
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Years: |
10.00 |
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Date |
Ratio |
06/03/1998 | 3 for 1
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