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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
CPLP 2019-03-28 1 - for - 7
GNK 2016-07-08 1 - for - 10
GNK 2016-07-08 1 - for - 10
GSL 2019-03-25 1 - for - 8
EGLE 2020-09-15 1 - for - 7
$18.12
price down icon 0.22%
marine_shipping NMM
$33.69
price up icon 0.51%
$11.34
price up icon 1.80%
marine_shipping DAC
$73.40
price up icon 1.51%
marine_shipping ZIM
$12.32
price down icon 1.52%
marine_shipping SFL
$13.18
price up icon 1.07%
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