Mar 25, 2019
1:8
For every 8 shares held, investors received 1.
The split itself did not change the total investment value.
Global Ship Lease Inc New (GETTEX:37H) operates in the Marine shipping industry.
Global Ship Lease Inc New company overviewGlobal Ship Lease Inc New's most recent stock split was on March 25, 2019. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Global Ship Lease Inc New has split its stock once. This history records one reverse split, on March 25, 2019.
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 Ship Lease Inc New's 1-for-8 reverse split on March 25, 2019, every 8 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 Ship Lease Inc New has not announced a new split in our records. Its most recent split was on March 25, 2019, 7 years ago. Companies announce splits in advance, and any new GETTEX:37H split will appear on this page.
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