BNG (BNG) has 1 split in our BNG split history
database. The split for BNG took place on June 23, 1997. This was a 26 for 25
split, meaning for each 25
shares of BNG owned pre-split, the shareholder now owned 26 shares. For example, a 1000 share position pre-split, became a 1040 share position following the split.
When a company such as BNG 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 BNG split history from start to finish, an original position size of 1000 shares would have turned into 1040 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BNG shares, starting with a $10,000 purchase of BNG, presented on a split-history-adjusted basis factoring in the complete BNG split history.
BNG -- use the split history when considering split-adjusted past price performance.
|The Company is engaged in the design manufacture and marketing of distinctive casual apparel for men women and children. According to our BNG split history records, BNG has had 1 split.|
|06/23/1997||26 for 25