Mar 01, 2017
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Global Net Lease, Inc. (GETTEX:2N8) operates in the Real estate investment trusts industry.
Global Net Lease, Inc. company overviewGlobal Net Lease, Inc.'s most recent stock split was on March 1, 2017. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Global Net Lease, Inc. has split its stock once. This history records one reverse split, on March 1, 2017.
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 Global Net Lease, Inc.'s 1-for-3 reverse split on March 1, 2017, every 3 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.
Global Net Lease, Inc. has not announced a new split in our records. Its most recent split was on March 1, 2017, 9 years ago. Companies announce splits in advance, and any new GETTEX:2N8 split will appear on this page.