BRD Split History

Beard Energy Transition Acquisition Corp Class A (BRD) has 2 splits in our BRD split history database. The first split for BRD took place on June 29, 2010. BRD's second split took place on June 28, 2010. This was a 1 for 4 reverse split, meaning for each 4 shares of BRD owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 250 share position following the split.

When a company such as Beard Energy Transition Acquisition Corp Class A conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the BRD split history from start to finish, an original position size of 1000 shares would have turned into 250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Beard Energy Transition Acquisition Corp Class A shares, starting with a $10,000 purchase of BRD, presented on a split-history-adjusted basis factoring in the complete BRD split history.

Growth of $10,000.00 Without Dividends Reinvested
Start date:	01/14/2022
End date:	05/27/2022
Start price/share:	$9.82
End price/share:	$9.89
Dividends collected/share:	$0.00
Total return:	0.71%
Annualized Gain:	1.97%
Starting investment:	$10,000.00
Ending investment:	$10,071.00
Years:	0.36

About Beard Energy Transition Acquisition Corp Class A

Brigus Gold is a Canadian-based mining company engaged in the extraction, processing, and refining of gold deposits as well as related activities including the acquisition, exploration and development of mineral properties principally located in North America. Co.'s sole mining operation is the Black Fox Mine. Co. is also evaluating the Goldfields Project, which hosts the Box and Athona gold deposits. In Mexico, Co. has completed a transaction with Cangold to sell a 75% interest in the Ixhuatan gold-silver advanced exploration project. In the Dominican Republic, Co. and Everton Resources have signed an agreement to sell Co.'s remaining interest in three mineral exploration projects.. According to our BRD split history records, Beard Energy Transition Acquisition Corp Class A has had 2 splits.