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Video: What is a Stock Split?
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Engages in franchising subfranchising and master licensing of the Blimpie trademarks trade names service marks logos marketing concepts and marketing programs. Brands include BLIMPIE Subs & Salads PASTA CENTRAL MAUI TACOS and SMOOTHIE ISLAND. According to our BLM split history records, BLM has had 1 split. | |
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BLM (BLM) has 1 split in our BLM split history database. The split for BLM took place on March 14, 1994. This was a 3 for 2
split, meaning for each 2
shares of BLM 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 BLM 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 BLM 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 BLM shares, starting with a $10,000 purchase of BLM, presented on a split-history-adjusted basis factoring in the complete BLM split history.

BLM -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
03/14/1994 | 3 for 2
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