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Video: What is a Stock Split?
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According to our BSC split history records, BSC has had 3 splits. | |
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BSC (BSC) has 3 splits in our BSC split history database. The first split for BSC took place on February 12, 1997. This was a 21 for 20
split, meaning for each 20
shares of BSC owned pre-split, the shareholder now owned 21 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. BSC's second split took place on February 10, 1999. This was a 105 for 100
split, meaning for each 100
shares of BSC owned pre-split, the shareholder now owned 105 shares. For example, a 1050 share position pre-split, became a 1102.5 share position following the split. BSC's third split took place on November 09, 1999. This was a 105 for 100
split, meaning for each 100
shares of BSC owned pre-split, the shareholder now owned 105 shares. For example, a 1102.5 share position pre-split, became a 1157.625 share position following the split.
When a company such as BSC 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 BSC split history from start to finish, an original position size of 1000 shares would have turned into 1157.625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BSC shares, starting with a $10,000 purchase of BSC, presented on a split-history-adjusted basis factoring in the complete BSC split history.
BSC -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
02/12/1997 | 21 for 20
| 02/10/1999 | 105 for 100
| 11/09/1999 | 105 for 100
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