GameStop's Stock Split Saga: A Timeline of Historical Splits
Historical Stock Splits
GameStop has a history of stock splits, with the most recent one being announced in March 2022. The following table shows the company's stock split history since 2002:
| Date | Split Ratio |
|---|---|
| October 24, 2002 | 2-for-1 |
| July 21, 2005 | 2-for-1 |
| March 22, 2022 | 4-for-1 |
Recent Stock Split Announcement
In March 2022, GameStop announced plans to split its stock 4-for-1. The company stated that the split was intended to make the stock more accessible to a wider range of investors. The split was approved by shareholders at the company's annual meeting in June 2022 and took effect on July 21, 2022.
Impact of Stock Splits
Stock splits do not affect the underlying value of a company. However, they can make the stock more attractive to investors who are looking for more affordable entry points. In addition, stock splits can increase liquidity and trading volume in a stock.
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