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Video: What is a Stock Split?
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Barclays Bank is a holding company. Through its subsidiaries, Co. is a global financial services provider engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. Co.'s divisions are: Corporate and Investment Bank (CIB) and Consumer, Cards and Payments (CC&P). The CIB comprises Investment Banking, Corporate Banking and Global Markets, aiding money managers, financial institutions, governments, supranational organisations and corporate clients to manage their funding, financing, strategic and risk management needs. CC&P is comprised of Co.'s International Cards and Consumer Bank, Private Bank and Barclaycard Payments business. According to our OIL split history records, Barclays Bank has had 1 split. | |
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Barclays Bank (OIL) has 1 split in our OIL split history database. The split for OIL took place on September 12, 2019. This was a 5 for 1 split, meaning for each share of OIL owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 5000 share position following the split.
When a company such as Barclays Bank 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 OIL split history from start to finish, an original position size of 1000 shares would have turned into 5000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Barclays Bank shares, starting with a $10,000 purchase of OIL, presented on a split-history-adjusted basis factoring in the complete OIL split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/04/2014 |
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End date: |
06/08/2023 |
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Start price/share: |
$7.28 |
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End price/share: |
$28.42 |
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Dividends collected/share: |
$0.00 |
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Total return: |
290.38% |
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Average Annual Total Return: |
17.17% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$39,034.10 |
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Years: |
8.59 |
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Date |
Ratio |
09/12/2019 | 5 for 1 |
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