Golden Matrix Group Inc (GMGI) Stock Split History

Golden Matrix Group Inc has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on March 28, 2006 with the ratio of 2-for-1, meaning that for 1 share of GMGI owned pre-split, shareholders then owned 2 shares. 5 more splits have been implemented since then. The most recent stock split took place on June 26, 2020 on a 1-for-150 basis.

These splits have increased GMGI 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 Golden Matrix Group Inc's total market capitalization.

For more detailed information of Golden Matrix Group Inc's stock splits, view the table below:

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