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 Video: What is a Stock Split?
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| A diversified financial services company that is engaged in general commercial banking and investment management business throughout the United States. Company also provides a variety of other financial services in leading Latin markets. According to our FBF split history records, FBF has had 1 split. | |
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FBF (FBF) has 1 split in our FBF split history database. The split for FBF took place on October 08, 1998. This was a 2 for 1
split, meaning for each share of FBF 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.
When a company such as FBF 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 FBF split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FBF shares, starting with a $10,000 purchase of FBF, presented on a split-history-adjusted basis factoring in the complete FBF split history.
FBF -- use the split history when considering split-adjusted past price performance. |
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| Date |
Ratio |
| 10/08/1998 | 2 for 1
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