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Video: What is a Stock Split?
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Brown-Forman Corporation produces, bottles, imports, exports, markets, and sells a variety of beverage alcohol products. Its notable brands include Jack Daniel's Tennessee Whiskey, Gentleman Jack, Old Forester, Woodford Reserve, Fords Gin, Slane Irish Whiskey, and The GlenDronach. The company's extensive portfolio also features flavored whiskeys like Jack Daniel's Tennessee Honey and Tennessee Fire, as well as ready-to-drink options like Part Time Rangers. Brown-Forman's products are available in over 170 countries worldwide. According to our Brown-Forman stock split history records, Brown-Forman has had 3 splits. | |
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Brown-Forman (BF.B) has 3 splits in our Brown-Forman stock split history database. The first split for BF.B took place on August 13, 2012. This was a 3 for 2 split, meaning for each 2 shares of BF.B owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. BF.B's second split took place on August 19, 2016. This was a 2 for 1 split, meaning for each share of BF.B owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. BF.B's third split took place on March 01, 2018. This was a 5 for 4 split, meaning for each 4 shares of BF.B owned pre-split, the shareholder now owned 5 shares. For example, a 3000 share position pre-split, became a 3750 share position following the split.
When a company such as Brown-Forman 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 Brown-Forman stock split history from start to finish, an original position size of 1000 shares would have turned into 3750 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Brown-Forman shares, starting with a $10,000 purchase of BF.B, presented on a split-history-adjusted basis factoring in the complete Brown-Forman stock split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$36.79 |
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End price/share: |
$31.15 |
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Starting shares: |
271.81 |
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Ending shares: |
319.04 |
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Dividends reinvested/share: |
$8.90 |
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Total return: |
-0.62% |
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Average Annual Total Return: |
-0.06% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,940.18 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$36.79 |
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End price/share: |
$31.15 |
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Dividends collected/share: |
$8.90 |
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Total return: |
8.86% |
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Average Annual Total Return: |
0.85% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,883.01 |
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Years: |
10.00 |
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Date |
Ratio |
08/13/2012 | 3 for 2 | 08/19/2016 | 2 for 1 | 03/01/2018 | 5 for 4 |
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