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Video: What is a Stock Split?
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Cambrex is a life sciences company that provides products and services for the development and commercialization of new and generic therapeutics. Co. assists companies in developing processes for the manufacture of clinical and commercial quantities. Product testing, analytical methods and other processes are integrated into the manufacturing process. Co. manufactures and tests Active Pharmaceutical Ingredients and Finished Dosage Form at laboratory, clinical and commercial level. Co.'s business is primarily comprised of the custom development and manufacture of pharmaceutical ingredients derived from organic chemistry and finished dosage form products and services. According to our CBM split history records, CBM has had 2 splits. | |
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CBM (CBM) has 2 splits in our CBM split history database. The first split for CBM took place on July 25, 1996. This was a 3 for 2
split, meaning for each 2
shares of CBM owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. CBM's second split took place on June 25, 1998. This was a 2 for 1
split, meaning for each share of CBM owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as CBM 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 CBM split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CBM shares, starting with a $10,000 purchase of CBM, presented on a split-history-adjusted basis factoring in the complete CBM split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
12/05/2019 |
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Start price/share: |
$19.36 |
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End price/share: |
$59.99 |
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Dividends collected/share: |
$0.00 |
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Total return: |
209.87% |
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Average Annual Total Return: |
22.02% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$30,982.58 |
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Years: |
5.68 |
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Date |
Ratio |
07/25/1996 | 3 for 2
| 06/25/1998 | 2 for 1
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