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 Video: What is a Stock Split?
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| Boston Scientific develops, manufactures and markets medical devices used in a range of interventional medical specialties. Co.'s MedSurg segment includes: Endoscopy, which develops and manufactures devices to diagnose and treat a range of gastrointestinal and pulmonary conditions; and Urology and Pelvic Health, which develops and manufactures devices to treat urological and pelvic conditions, including kidney stones, benign prostatic hyperplasia, prostate cancer, erectile dysfunction, incontinence and pelvic floor disorders. Co.'s Rhythm and Neuro segment develops and manufactures a range of implantable devices that monitor the heart and deliver electricity to treat cardiac abnormalities. According to our Boston Scientific stock split history records, Boston Scientific has had 2 splits. | |
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Boston Scientific (BSX) has 2 splits in our Boston Scientific stock split history database. The first split for BSX took place on December 01, 1998. This was a 2 for 1
split, meaning for each share of BSX 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. BSX's second split took place on November 06, 2003. This was a 2 for 1 split, meaning for each share of BSX owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Boston Scientific 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 Boston Scientific stock split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Boston Scientific shares, starting with a $10,000 purchase of BSX, presented on a split-history-adjusted basis factoring in the complete Boston Scientific stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
05/29/2013 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$9.16 |
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| End price/share: |
$51.06 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
457.42% |
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| Average Annual Total Return: |
18.75% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$55,735.48 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/01/1998 | 2 for 1
| | 11/06/2003 | 2 for 1 |
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