|
Video: What is a Stock Split?
|
|
Bristow Group is a provider of vertical flight solutions. Co. primarily provides aviation services to a base of main energy companies. Co. also provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the U.K. on behalf of the Maritime & Coastguard Agency. Additionally, Co. provides fixed wing transportation and other aviation related solutions. Co.'s energy customers charter its helicopters to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. In certain countries, Co. conducts its operations through subsidiaries, alliances with foreign partners. According to our VTOL split history records, Bristow Group has had 1 split. | |
|
Bristow Group (VTOL) has 1 split in our VTOL split history database. The split for VTOL took place on June 12, 2020. This was a 1 for 2 reverse split, meaning for each 2 shares of VTOL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 500 share position following the split.
When a company such as Bristow Group conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the VTOL split history from start to finish, an original position size of 1000 shares would have turned into 500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bristow Group shares, starting with a $10,000 purchase of VTOL, presented on a split-history-adjusted basis factoring in the complete VTOL split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/22/2014 |
|
End date: |
04/18/2024 |
|
Start price/share: |
$57.30 |
|
End price/share: |
$25.04 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-56.30% |
|
Average Annual Total Return: |
-7.95% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$4,368.54 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
06/12/2020 | 1 for 2 |
|
|