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 Video: What is a Stock Split?
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| The Company intends to continue to emphasize a variety of deposit and loan products with the latter consisting primarily of commercial loans non-residential mortgagesresidential mortgages home equity loans and consumer loans. According to our BRB split history records, BRB has had 2 splits. | |
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BRB (BRB) has 2 splits in our BRB split history database. The first split for BRB took place on March 19, 2002. This was a 11 for 10 split, meaning for each 10 shares of BRB owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. BRB's second split took place on February 16, 2005. This was a 7 for 6 split, meaning for each 6 shares of BRB owned pre-split, the shareholder now owned 7 shares. For example, a 1100 share position pre-split, became a 1283.33333333333 share position following the split.
When a company such as BRB 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 BRB split history from start to finish, an original position size of 1000 shares would have turned into 1283.33333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BRB shares, starting with a $10,000 purchase of BRB, presented on a split-history-adjusted basis factoring in the complete BRB split history.
BRB -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 03/19/2002 | 11 for 10 | | 02/16/2005 | 7 for 6 |
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