GameStop's 4-for-1 Stock Split to Take Effect This Week

Trading to Begin on Split-Adjusted Basis on July 22

Shareholders to Receive New Shares After Close of Trading on July 21

GameStop Corp. (NYSE: GME) will complete its highly anticipated 4-for-1 stock split this week, marking a significant milestone in the company's recent transformation.

The stock dividend will be distributed to shareholders of record as of July 18, 2022. Trading will begin on a stock split-adjusted basis on July 22, 2022.

The stock split was first announced on March 31, 2022, and requires shareholder approval before it can take effect. Shareholders voted overwhelmingly in favor of the split at the company's annual meeting on June 2, 2022.

The stock split is expected to increase the number of GameStop shares outstanding from approximately 76 million to approximately 304 million. This will make the stock more affordable for retail investors and could potentially increase its liquidity.

GameStop has undergone a significant transformation in recent years, pivoting towards e-commerce and digital gaming. The company has also made several key acquisitions, including ThinkGeek and Game Informer.

The stock split is seen as a positive sign for GameStop's future and could help to attract new investors. It remains to be seen how the stock will perform after the split, but it is likely to remain a volatile investment.