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Video: What is a Stock Split?
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BMC Software is a software company which provides information technology (IT) management solutions for enterprises and public sector organizations. Co.'s portfolio of IT management software applications automates the management of IT processes, mainframe, distributed, virtualized and cloud computing environments, as well as applications and databases. Co. also provides its customers with maintenance and support services for its products and assist customers with software implementation, integration, IT process and organizational transformation and education services. Co. is organized into two business units, Enterprise Service Management and Mainframe Service Management. According to our BMC split history records, BMC has had 3 splits. | |
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BMC (BMC) has 3 splits in our BMC split history database. The first split for BMC took place on September 09, 1994. This was a 2 for 1
split, meaning for each share of BMC 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. BMC's second split took place on November 14, 1995. This was a 2 for 1
split, meaning for each share of BMC 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. BMC's third split took place on March 08, 1990. This was a 3 for 2 split, meaning for each 2 shares of BMC owned pre-split, the shareholder now owned 3 shares. For example, a 4000 share position pre-split, became a 6000 share position following the split.
When a company such as BMC 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 BMC split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BMC shares, starting with a $10,000 purchase of BMC, presented on a split-history-adjusted basis factoring in the complete BMC split history.
BMC -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
09/09/1994 | 2 for 1
| 11/14/1995 | 2 for 1
| 03/08/1990 | 3 for 2 |
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