Jan 30, 2006
1:300
For every 300 shares held, investors received 1. The price per share adjusted from $0.00 to $0.27.
The split itself did not change the total investment value.
GRAND ENTERTAINMENT & MUSIC (OTC:GMSC) operates in the Commercial printing/Forms industry.
GRAND ENTERTAINMENT & MUSIC company overviewGRAND ENTERTAINMENT & MUSIC's most recent stock split was on January 30, 2006. It was a 1-for-300 reverse split, so shareholders received 1 share for every 300 they held.
GRAND ENTERTAINMENT & MUSIC has split its stock once. This history records one reverse split, on January 30, 2006.
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 GRAND ENTERTAINMENT & MUSIC's 1-for-300 reverse split on January 30, 2006, every 300 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.
GRAND ENTERTAINMENT & MUSIC has not announced a new split in our records. Its most recent split was on January 30, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:GMSC split will appear on this page.
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