Apr 21, 2003
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.00 to $0.01.
The split itself did not change the total investment value.
GREAT AMERICAN FINANCIAL CORP (OTC:GAFL) operates in the Packaged software industry.
GREAT AMERICAN FINANCIAL CORP company overviewGREAT AMERICAN FINANCIAL CORP's most recent stock split was on April 21, 2003. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
GREAT AMERICAN FINANCIAL CORP has split its stock once. This history records one reverse split, on April 21, 2003.
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 GREAT AMERICAN FINANCIAL CORP's 1-for-5 reverse split on April 21, 2003, every 5 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.
GREAT AMERICAN FINANCIAL CORP has not announced a new split in our records. Its most recent split was on April 21, 2003, 23 years ago. Companies announce splits in advance, and any new OTC:GAFL split will appear on this page.