Company Announces Plans For Stock Split In March

Reddit

GameStop Announces Potential Stock Split

Company Announces Plans for Stock Split in March

Move Designed to Provide Value for Shareholders

GameStop Corp. (NYSE: GME) today announced plans to split its stock in March. The stock split is intended to provide value for shareholders and make the stock more accessible to a broader range of investors.

"We are excited to announce plans for a stock split," said George Sherman, CEO of GameStop. "We believe this split will provide value for our shareholders and make our stock more accessible to a broader range of investors."

The stock split will be subject to shareholder approval at the company's annual meeting in March. If approved, the stock split will be implemented in a 1-for-10 ratio, meaning that each shareholder will receive one additional share of common stock for every 10 shares they currently own. The stock split will apply to both Class A and Class B shares.

GameStop Corp. is a leading video game retailer. The company operates more than 5,000 stores in the United States, Canada, Australia, and Europe. GameStop offers a wide range of video games, game consoles, and related products.

Reddit