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 Video: What is a Stock Split?
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| Bristol-Myers Squibb is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products on a global basis. Co.'s pharmaceutical products include chemically-synthesized or small molecule drugs, products produced from biological processes, called biologics and chimeric antigen receptor T-cell therapies. Co.'s primary product includes Eliquis® - Eliquis (apixaban), which is an oral Factor Xa inhibitor indicated for the reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation and for the treatment of DVT/PE and reduction in risk of recurrence following initial therapy. According to our BMY split history records, Bristol Myers Squibb has had 6 splits. | |
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Bristol Myers Squibb (BMY) has 6 splits in our BMY split history database. The first split for BMY took place on May 31, 1977. This was a 2 for 1
split, meaning for each share of BMY 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. BMY's second split took place on May 27, 1983. This was a 2 for 1
split, meaning for each share of BMY 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. BMY's third split took place on June 10, 1987. This was a 2 for 1
split, meaning for each share of BMY 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. BMY's 4th split took place on March 03, 1997. This was a 2 for 1
split, meaning for each share of BMY owned pre-split, the shareholder now owned 2 shares. For example, a 8000 share position pre-split, became a 16000 share position following the split. BMY's 5th split took place on March 01, 1999. This was a 2 for 1
split, meaning for each share of BMY owned pre-split, the shareholder now owned 2 shares. For example, a 16000 share position pre-split, became a 32000 share position following the split. BMY's 6th split took place on August 07, 2001. This was a 1000000 for 951777 split, meaning for each 951777 shares of BMY owned pre-split, the shareholder now owned 1000000 shares. For example, a 32000 share position pre-split, became a 33621.3209606872 share position following the split.
When a company such as Bristol Myers Squibb 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 BMY split history from start to finish, an original position size of 1000 shares would have turned into 33621.3209606872 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bristol Myers Squibb shares, starting with a $10,000 purchase of BMY, presented on a split-history-adjusted basis factoring in the complete BMY split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
09/16/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$51.15 |
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| End price/share: |
$49.13 |
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| Starting shares: |
195.50 |
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| Ending shares: |
265.91 |
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| Dividends reinvested/share: |
$18.16 |
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| Total return: |
30.64% |
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| Average Annual Total Return: |
2.71% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,065.54 |
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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: |
09/16/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$51.15 |
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| End price/share: |
$49.13 |
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| Dividends collected/share: |
$18.16 |
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| Total return: |
31.55% |
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| Average Annual Total Return: |
2.78% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,154.86 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/31/1977 | 2 for 1
| | 05/27/1983 | 2 for 1
| | 06/10/1987 | 2 for 1
| | 03/03/1997 | 2 for 1
| | 03/01/1999 | 2 for 1
| | 08/07/2001 | 1000000 for 951777 |
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