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Video: What is a Stock Split?
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Boqii is holding company. Through its subsidiaries, Co. operates as an online one-stop destination for users to shop for a variety of pet products and interact with other users in its online pet community in the People's Republic of China, through its online platforms (Boqii.com and Boqii application), branded stores on third-party online platforms and its online pet community. In addition to online business, Co. provides pet products to offline pet stores. Co. provides its customers, which include both pet parents and small and medium pet businesses, a diverse selection of pet products, including food, treats, shampoos, cages, toys, apparel, OTC veterinary drugs and more. According to our Boqii Holding stock split history records, Boqii Holding has had 2 splits. | |
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Boqii Holding (BQ) has 2 splits in our Boqii Holding stock split history database. The first split for BQ took place on June 03, 2022. This was a 1 for 6 reverse split, meaning for each 6 shares of BQ owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 166.666666666667 share position following the split. BQ's second split took place on August 21, 2023. This was a 3 for 10 reverse split, meaning for each 10 shares of BQ owned pre-split, the shareholder now owned 3 shares. For example, a 166.666666666667 share position pre-split, became a 50 share position following the split.
When a company such as Boqii Holding 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 Boqii Holding 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 Boqii Holding shares, starting with a $10,000 purchase of BQ, presented on a split-history-adjusted basis factoring in the complete Boqii Holding stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/01/2020 |
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End date: |
04/24/2024 |
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Start price/share: |
$128.80 |
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End price/share: |
$0.26 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.80% |
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Average Annual Total Return: |
-82.46% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20.20 |
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Years: |
3.56 |
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Date |
Ratio |
06/03/2022 | 1 for 6 | 08/21/2023 | 3 for 10 |
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