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 Video: What is a Stock Split?
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| Petroleo Brasileiro is a producer of oil and gas. Co.'s segments are: Exploration and Production, which covers the activities of exploration, development and production of crude oil, Natural Gas Liquids and natural gas in Brazil and abroad, for the primary purpose of supplying its domestic refineries; Refining, Transportation and Marketing, which covers the activities of refining, logistics, transport, marketing and trading of crude oil and oil products; and Gas and Power, which covers the activities of logistics and trading of natural gas and electricity, transportation and trading of liquefied natural gas, and generation of electricity by means of thermoelectric power plants. According to our PBR split history records, Petroleo Brasileiro SA has had 2 splits. | |
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Petroleo Brasileiro SA (PBR) has 2 splits in our PBR split history database. The first split for PBR took place on July 02, 2007. This was a 2 for 1 split, meaning for each share of PBR 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. PBR's second split took place on May 08, 2008. This was a 2 for 1 split, meaning for each share of PBR owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Petroleo Brasileiro SA 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 PBR split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Petroleo Brasileiro SA shares, starting with a $10,000 purchase of PBR, presented on a split-history-adjusted basis factoring in the complete PBR split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/03/2013 |
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| End date: |
12/01/2023 |
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| Start price/share: |
$14.13 |
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| End price/share: |
$15.21 |
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| Starting shares: |
707.71 |
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| Ending shares: |
1,843.91 |
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| Dividends reinvested/share: |
$12.36 |
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| Total return: |
180.46% |
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| Average Annual Total Return: |
10.86% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$28,038.11 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/03/2013 |
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| End date: |
12/01/2023 |
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| Start price/share: |
$14.13 |
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| End price/share: |
$15.21 |
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| Dividends collected/share: |
$12.36 |
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| Total return: |
95.13% |
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| Average Annual Total Return: |
6.91% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,506.68 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 07/02/2007 | 2 for 1 | | 05/08/2008 | 2 for 1 |
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