Gd Culture Group Limited (GDC) Stock Split History

Gd Culture Group Limited has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 21, 2018 with the ratio of 2-for-1, meaning that for 1 share of GDC owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on November 09, 2022 on a 1-for-30 basis.

These actions have increased GDC stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Gd Culture Group Limited's total market capitalization.

For more detailed information of Gd Culture Group Limited's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Gd Culture Group Limited has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when GDC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Gd Culture Group Limited's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.