336 GME approves 4:1 stock split dividend. (media.greatawakening.win) posted 1 year ago by mitmont123 1 year ago by mitmont123 +336 / -0 323 comments download share 323 comments share download save hide report block hide replies
Quadruple.
Yeah, seems weird, huh?
Of course, companies registered with the SEC are prohibited from stock manipulation, even if the price goes up.
So, there's that ...
Small nit, but they’re issuing 4 new shares, so there will soon be 5 shares for every 1 share that exists now.
No, it's a 4:1 split, so they are issuing 3 shares for every 1 existing share, making it 4 total.
Thanks for clarifying, I read elsewhere it was a dividend.
Yeah, that's what makes it confusing. Company says it is both.
https://www.sec.gov/Archives/edgar/data/1326380/000132638022000100/a991-stocksplitannouncement.htm