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Video: What is a Stock Split?
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Brainsway is a commercial stage medical device company. Co. is engaged in the development and commercialization of noninvasive neurostimulation products using its Deep Transcranial Magnetic Stimulation (Deep TMS) technology for the treatment of major depressive disorder, obsessive-compulsive disorder, and smoking addiction. Deep TMS uses magnetic pulses to stimulate neurons and consequently modulates the physiological activity of the brain. Co.'s technology can increase brain activity in neuronal networks which are hypoactive, or alternatively decrease brain activity in neuronal networks which are hyperactive. Co.'s proprietary electromagnetic coils are designed to stimulate brain regions. According to our Brainsway stock split history records, Brainsway has had 1 split. | |
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Brainsway (BWAY) has 1 split in our Brainsway stock split history database. The split for BWAY took place on March 24, 2000. This was a 2 for 1
split, meaning for each share of BWAY 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.
When a company such as Brainsway 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 Brainsway stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Brainsway shares, starting with a $10,000 purchase of BWAY, presented on a split-history-adjusted basis factoring in the complete Brainsway stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/18/2019 |
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End date: |
04/26/2024 |
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Start price/share: |
$11.25 |
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End price/share: |
$4.76 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-57.69% |
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Average Annual Total Return: |
-15.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,229.89 |
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Years: |
5.03 |
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Date |
Ratio |
03/24/2000 | 2 for 1
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