Genco Shipping & Trading Limited

Genco Shipping & Trading Limited

22.52
EUR
+0.50
(+2.27%)
0.80EPS
26.43P/E
931.88MMarket Cap
Nov 04Next Earn

Latest Stock Split

Jul 08, 2016

1:10

For every 10 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Jul 08, 2016
    Before—
    Split ratio1:10
    After—
    Reverse

About Genco Shipping & Trading Limited stock splits

Genco Shipping & Trading Limited (DUS:GNU1) operates in the Marine shipping industry.

Genco Shipping & Trading Limited company overview

When did Genco Shipping & Trading Limited stock split?

Genco Shipping & Trading Limited's most recent stock split was on July 8, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.

How many times has Genco Shipping & Trading Limited stock split?

Genco Shipping & Trading Limited has split its stock once. This history records one reverse split, on July 8, 2016.

What is a reverse stock split?

A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Genco Shipping & Trading Limited's 1-for-10 reverse split on July 8, 2016, every 10 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Genco Shipping & Trading Limited split its stock again?

Genco Shipping & Trading Limited has not announced a new split in our records. Its most recent split was on July 8, 2016, 10 years ago. Companies announce splits in advance, and any new DUS:GNU1 split will appear on this page.