Gamestop Stock Split Date

GameStop to Execute 4-for-1 Stock Split This Week

Shareholders to Receive Three Additional Shares for Each Current Share

Stock Split to Take Effect on July 21st

GameStop (NYSE: GME) is set to complete its long-awaited 4-for-1 stock split this week, a move that will distribute three additional shares of Class A common stock to shareholders for each share they currently hold. The stock split was initially announced on March 31, 2022, and will take effect after the close of trading on July 21st.

The stock split is being implemented in the form of a dividend, meaning that shareholders will not need to take any action to receive their additional shares. The split ratio of 4-for-1 means that for every one share a shareholder owns, they will receive an additional three shares. This will result in a total of four shares for every one share currently held.

The stock split is expected to take place after the markets close on July 21st, and the new shares will begin trading on the following day, July 22nd. The stock will trade under the same ticker symbol (GME), but with a different CUSIP number to reflect the split.

This marks only the second time in GameStop's history that it has executed a stock split. The last stock split occurred in September 2007 when the company split its stock 2-for-1.

As of May 13, 2024, GameStop's stock price was $101.20 per share. It is unclear how the stock split will affect the company's share price, but it is generally anticipated that the split will result in a lower per-share price and may increase liquidity and accessibility for retail investors.