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China Commercial Credit, Inc. (GLG) Stock Split History

China Commercial Credit, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on January 17, 2019 with the ratio of 1-for-5, meaning that for 5 shares of GLG owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on October 30, 2023 on a 1-for-50 basis.

These splits have increased GLG stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on China Commercial Credit, Inc.'s total market capitalization.

For more detailed information of China Commercial Credit, Inc.'s stock splits, view the table below:

GLG stock split list

Date Split Ratio
2023-10-30 1 - for - 50
2022-08-17 1 - for - 5
2019-01-17 1 - for - 5

Will China Commercial Credit, Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. China Commercial Credit, Inc. 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 GLG stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by China Commercial Credit, Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
V 2015-03-19 4 - for - 1
MA 2014-01-22 10 - for - 1
AXP 2000-05-11 3 - for - 1
COF 1999-06-02 3 - for - 1
IX 2000-06-06 6 - for - 5
ALLY 2014-04-10 310 - for - 1
CACC 1994-12-21 2 - for - 1
FCFS 2006-02-22 2 - for - 1
SLM 2003-06-23 3 - for - 1
AGM 1999-08-02 3 - for - 1
$8.17
price up icon 0.12%
$36.21
price up icon 0.58%
credit_services SYF
$40.12
price up icon 1.06%
credit_services IX
$103.97
price down icon 0.47%
credit_services DFS
$121.71
price up icon 1.37%
credit_services COF
$135.52
price up icon 0.71%
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