Jan 14, 2010
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $0.32 to $1.92.
The split itself did not change the total investment value.
GRANITE CITY FOOD & BREWERY LTD (OTC:GCFB) operates in the Restaurants industry.
GRANITE CITY FOOD & BREWERY LTD company overviewGRANITE CITY FOOD & BREWERY LTD's most recent stock split was on January 14, 2010. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
GRANITE CITY FOOD & BREWERY LTD has split its stock once. This history records one reverse split, on January 14, 2010.
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 GRANITE CITY FOOD & BREWERY LTD's 1-for-6 reverse split on January 14, 2010, every 6 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.
GRANITE CITY FOOD & BREWERY LTD has not announced a new split in our records. Its most recent split was on January 14, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:GCFB split will appear on this page.