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Video: What is a Stock Split?
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Produces markets distributes and sells a wide range of breads rolls snack cakes donuts and related products. According to our IBC split history records, IBC has had 1 split. | |
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IBC (IBC) has 1 split in our IBC split history database. The split for IBC took place on November 04, 1997. This was a 2 for 1
split, meaning for each share of IBC 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 IBC 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 IBC 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 IBC shares, starting with a $10,000 purchase of IBC, presented on a split-history-adjusted basis factoring in the complete IBC split history.
IBC -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
11/04/1997 | 2 for 1
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