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Video: What is a Stock Split?
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Bio-Rad Laboratories is a manufacturer and distributor of its own life science research and clinical diagnostics products. Co. manufactures and supplies the life science research, healthcare, analytical chemistry and other markets with a range of products and systems used to separate chemical and biological materials and to identify, analyze and purify their components. Co. operates in two segments: Life Science, which develops, manufactures and markets a portfolio of various products; and Clinical Diagnostics, which designs, manufactures, markets and supports test systems, informatics systems, test kits and quality controls that serve clinical laboratories in the diagnostics market. According to our Bio-Rad Laboratories stock split history records, Bio-Rad Laboratories has had 5 splits. | |
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Bio-Rad Laboratories (BIO) has 5 splits in our Bio-Rad Laboratories stock split history database. The first split for BIO took place on March 08, 2002. This was a 2 for 1 split, meaning for each share of BIO 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. BIO's second split took place on July 31, 1985. BIO's third split took place on August 01, 1985. This was a 3 for 2 split, meaning for each 2 shares of BIO owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. BIO's 4th split took place on June 10, 1986. BIO's 5th split took place on June 11, 1986. This was a 3 for 2 split, meaning for each 2 shares of BIO owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 4500 share position following the split.
When a company such as Bio-Rad Laboratories 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 Bio-Rad Laboratories stock split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bio-Rad Laboratories shares, starting with a $10,000 purchase of BIO, presented on a split-history-adjusted basis factoring in the complete Bio-Rad Laboratories stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/18/2014 |
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End date: |
09/16/2024 |
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Start price/share: |
$118.83 |
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End price/share: |
$330.26 |
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Dividends collected/share: |
$0.00 |
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Total return: |
177.93% |
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Average Annual Total Return: |
10.76% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$27,794.00 |
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Years: |
10.00 |
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Date |
Ratio |
03/08/2002 | 2 for 1 | 07/31/1985 | 1 for 1 | 08/01/1985 | 3 for 2 | 06/10/1986 | 1 for 1 | 06/11/1986 | 3 for 2 |
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