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 Video: What is a Stock Split?
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| BEST is a holding company. Through its subsidiaries, Co. is a supply chain service provider in China. Co.'s multi-sided platform combines integrated logistics and supply chain services, last-mile services, other services and technology infrastructure. Co.'s integrated logistics and supply chain services encompass business-to-business and business-to-consumers (B2C) supply chain management, express and less-than-truckload delivery, cross-border supply chain management , Southeast Asia local delivery, and a real-time bidding platform to source truckload capacity. Co.'s lastmile services include online merchandise sourcing and store management for convenience stores as well as B2C services. According to our BEST stock split history records, BEST has had 2 splits. | |
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BEST (BEST) has 2 splits in our BEST stock split history database. The first split for BEST took place on May 20, 2022. This was a 1 for 5 reverse split, meaning for each 5 shares of BEST owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split. BEST's second split took place on April 04, 2023. This was a 1 for 4 reverse split, meaning for each 4 shares of BEST owned pre-split, the shareholder now owned 1 share. For example, a 200 share position pre-split, became a 50 share position following the split.
When a company such as BEST 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 BEST stock split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BEST shares, starting with a $10,000 purchase of BEST, presented on a split-history-adjusted basis factoring in the complete BEST stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/21/2017 |
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| End date: |
04/25/2024 |
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| Start price/share: |
$217.80 |
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| End price/share: |
$2.09 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-99.04% |
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| Average Annual Total Return: |
-50.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$96.01 |
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| Years: |
6.60 |
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| Date |
Ratio |
| 05/20/2022 | 1 for 5 | | 04/04/2023 | 1 for 4 |
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