Genco Shipping & Trading Limited (GNK) Stock Split History

Genco Shipping & Trading Limited has split its stock once since its initial public offering (IPO). The stock split of Genco Shipping & Trading Limited occurred on July 08, 2016 on a 1-for-10 basis, meaning that for 10 shares of GNK owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Genco Shipping & Trading Limited's total market capitalization.

GNK stock split list

Date	Split Ratio
2016-07-08	1 - for - 10

Will Genco Shipping & Trading Limited Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Genco Shipping & Trading 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 GNK stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Genco Shipping & Trading Limited'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
KEX	2006-06-01	2 - for - 1
MATX	1988-06-03	2 - for - 1
GOGL	2016-08-01	1 - for - 5
SBLK	2016-06-20	1 - for - 5
DAC	2019-05-02	1 - for - 14
DAC	2019-05-02	1 - for - 14
NMM	2019-05-21	1 - for - 15
NMM	2019-05-21	1 - for - 15
GNK	2016-07-08	1 - for - 10
GNK	2016-07-08	1 - for - 10
CPLP	2019-03-28	1 - for - 7