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Video: What is a Stock Split?
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BEST is principally engaged in the business of providing express delivery services, freight delivery services, supply chain management services, store+ services and other value-added services. Co.'s principal geographic market is in the People's Republic of China. Co. provides 8 service lines, including BEST Supply Chain Management, BEST Express, BEST Freight, BEST Store+, BEST Global, BEST Capital, and BEST UCargo. According to our BSTI split history records, BSTI has had 1 split. | |
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BSTI (BSTI) has 1 split in our BSTI split history database. The split for BSTI took place on April 22, 2009. This was a 1 for 4 reverse split, meaning for each 4 shares of BSTI owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 250 share position following the split.
When a company such as BSTI conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the BSTI split history from start to finish, an original position size of 1000 shares would have turned into 250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BSTI shares, starting with a $10,000 purchase of BSTI, presented on a split-history-adjusted basis factoring in the complete BSTI split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/21/2017 |
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End date: |
02/15/2019 |
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Start price/share: |
$10.89 |
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End price/share: |
$5.89 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-45.91% |
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Average Annual Total Return: |
-35.48% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,408.17 |
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Years: |
1.40 |
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Date |
Ratio |
04/22/2009 | 1 for 4 |
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