GME approves 4:1 stock split dividend. - The Great Awakening

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GME approves 4:1 stock split dividend. (media.greatawakening.win)

posted 2 years ago by mitmont123 2 years ago by mitmont123 +336 / -0

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▲ 11 ▼

– WuTangFlu2020 11 points 2 years ago +11 / -0

I have all of one share. Does that mean I get 3 more for free? Huh? Explain like I’m 5. Chemist is stupid with stocks.

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▲ 3 ▼

– MAG768720 3 points 2 years ago +6 / -3

Before --

1 share worth $120 each = $120 total value

After --

4 shares worth $30 each = $120 total value

(IOW: Not the big deal some people are hoping for)

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▲ 8 ▼

– Qaniso 8 points 2 years ago +8 / -0

not completely accurate. it isn't a split it's a dividend in the form of more shares. the difference is that stock holders are being GIVEN (paid) more shares, wherein normally they just split and the price goes down

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▲ -5 ▼

– MAG768720 -5 points 2 years ago +2 / -7

it isn't a split it's a dividend in the form of more shares.

Wrong.

Board of Directors has approved and declared a four-for-one split of the Company’s Class A common stock in the form of a stock dividend.

The stock dividend will be distributed after the close of trading on July 21, 2022. Trading will begin on a stock split-adjusted basis on July 22, 2022.

https://www.sec.gov/Archives/edgar/data/1326380/000132638022000100/a991-stocksplitannouncement.htm

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▲ 8 ▼

– Qaniso 8 points 2 years ago +8 / -0

LOL, You literally say wrong, than contradict and quote "stock dividend" . what part of Dividend don't you understand? good luck with your affairs.

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... continue reading thread?

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