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Ballard Power Systems (BLDP) has 1 split in our BLDP split history database. The split for BLDP took place on June 03, 1998. This was a 3 for 1 split, meaning for each share of BLDP owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Ballard Power Systems 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 BLDP split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ballard Power Systems shares, starting with a $10,000 purchase of BLDP, presented on a split-history-adjusted basis factoring in the complete BLDP split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||14.19%|
|About Ballard Power Systems|
|Ballard Power Systems is engaged in the design, development, manufacture, sale and service of proton exchange membrane fuel cell products for a variety of applications, focusing on the power product markets of Heavy-Duty Motive (consisting of bus, truck, rail and marine applications), Portable Power, Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services, technology transfer and the license and sale of Co.'s intellectual property portfolio and fundamental knowledge for a variety of fuel cell applications. A fuel cell is an electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. According to our BLDP split history records, Ballard Power Systems has had 1 split.|
|BLDP Split History Table|
|06/03/1998||3 for 1|
|Consumer Stock Splits|
|BLDP is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: BLDP shares outstanding history