Stock Split Approved But No Yet Executed.
$GameStop (GME.US)$ $AMC Entertainment (AMC.US)$ The most anticipated item during the GME’s meeting was the company’s stock split via dividend plan. It’s important to note though, that though the proposal was approved by shareholders, GameStop’s management has not yet made a final decision about the stock split.
Questions raised by shareholders on the ratio of the split and the effects the split will have on share price have not yet been addressed by the company.
![Stock Split Approved But No Yet Executed.](https://ussnsimg.moomoo.com/1654586261659-70040969-android-org.png/bigmoo)
The next step, according to GameStop’s Board, will be to proceed with the amendment of the charter to include the increase in the number of authorized shares. Soon after this approval, and after an analysis of market conditions, the Board will determine when, if, and at what ratio GME’s stock will be split.
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