Mar 03, 2016
1:10000
For every 10000 shares held, investors received 1. The price per share adjusted from $0.00 to $1.00.
The split itself did not change the total investment value.
GD Entertainment & Technology, Inc. (OTC:GDET) operates in the Movies/Entertainment industry.
GD Entertainment & Technology, Inc. company overviewGD Entertainment & Technology, Inc.'s most recent stock split was on March 3, 2016. It was a 1-for-10000 reverse split, so shareholders received 1 share for every 10000 they held.
GD Entertainment & Technology, Inc. (OTC:GDET) has split its stock 5 times: a 1-for-3 reverse split on April 2, 2002, a 21-for-20 split on November 10, 2004, a 1-for-500 reverse split on December 19, 2008, a 1-for-10000 reverse split on May 8, 2015, and a 1-for-10000 reverse split on March 3, 2016.
GD Entertainment & Technology, Inc. has split its stock 5 times. This history records 5 splits between April 2, 2002 and March 3, 2016.
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 GD Entertainment & Technology, Inc.'s 1-for-10000 reverse split on March 3, 2016, every 10000 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.
GD Entertainment & Technology, Inc. has not announced a new split in our records. Its most recent split was on March 3, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:GDET split will appear on this page.