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 Video: What is a Stock Split?
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| Vir Biotechnology is a commercial-stage immunology company focused on combining immunologic insights with technologies to treat and prevent serious infectious diseases. Co.'s existing pipeline consists of sotrovimab and other product candidates targeting COVID-19, hepatitis B virus, influenza A virus, and human immunodeficiency virus. Co. has collaborate with Glaxo Wellcome UK Limited and GlaxoSmithKline Biologicals S.A. to focus on treating and preventing severe acute respiratory syndrome coronavirus 2 (the virus that causes COVID-19 illness). Co. is developing differentiated monoclonal antibodies, like sotrovimab and VIR-7832, as well as vaccines and small molecules. According to our VIR split history records, Vir Biotechnology has had 7 splits. | |
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Vir Biotechnology (VIR) has 7 splits in our VIR split history database. The first split for VIR took place on September 16, 1996. This was a 11 for 10
split, meaning for each 10
shares of VIR owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. VIR's second split took place on October 01, 1997. This was a 3 for 2
split, meaning for each 2
shares of VIR owned pre-split, the shareholder now owned 3 shares. For example, a 1100 share position pre-split, became a 1650 share position following the split. VIR's third split took place on September 02, 1998. This was a 11 for 10
split, meaning for each 10
shares of VIR owned pre-split, the shareholder now owned 11 shares. For example, a 1650 share position pre-split, became a 1815 share position following the split. VIR's 4th split took place on September 01, 1999. This was a 11 for 10
split, meaning for each 10
shares of VIR owned pre-split, the shareholder now owned 11 shares. For example, a 1815 share position pre-split, became a 1996.5 share position following the split. VIR's 5th split took place on September 05, 2000. This was a 11 for 10 split, meaning for each 10 shares of VIR owned pre-split, the shareholder now owned 11 shares. For example, a 1996.5 share position pre-split, became a 2196.15 share position following the split. VIR's 6th split took place on September 04, 2001. This was a 11 for 10 split, meaning for each 10 shares of VIR owned pre-split, the shareholder now owned 11 shares. For example, a 2196.15 share position pre-split, became a 2415.765 share position following the split. VIR's 7th split took place on September 04, 2002. This was a 11 for 10 split, meaning for each 10 shares of VIR owned pre-split, the shareholder now owned 11 shares. For example, a 2415.765 share position pre-split, became a 2657.3415 share position following the split.
When a company such as Vir Biotechnology 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 VIR split history from start to finish, an original position size of 1000 shares would have turned into 2657.3415 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Vir Biotechnology shares, starting with a $10,000 purchase of VIR, presented on a split-history-adjusted basis factoring in the complete VIR split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/14/2019 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$13.79 |
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| End price/share: |
$7.96 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-42.28% |
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| Average Annual Total Return: |
-11.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,772.07 |
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| Years: |
4.52 |
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| Date |
Ratio |
| 09/16/1996 | 11 for 10
| | 10/01/1997 | 3 for 2
| | 09/02/1998 | 11 for 10
| | 09/01/1999 | 11 for 10
| | 09/05/2000 | 11 for 10 | | 09/04/2001 | 11 for 10 | | 09/04/2002 | 11 for 10 |
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