First Split
GE’s first stock split occurred on June 08, 1971, as a 2-for-1 split. This means that for each share of GE owned pre-split, the shareholder then owned 2 shares.
Key Facts
- First Split: The first split for GE took place on June 08, 1971. It was a 2-for-1 split, meaning for each share of GE owned pre-split, the shareholder then owned 2 shares.
- Subsequent Splits: GE had several more 2-for-1 stock splits throughout its history. The second split occurred on June 02, 1983, the third split on May 26, 1987, the fourth split on May 16, 1994, and the fifth split on May 12, 1997.
- 3-for-1 Split: On May 08, 2000, GE had a 3-for-1 stock split. This means that for each share of GE owned pre-split, the shareholder then owned 3 shares.
- Recent Splits: In recent years, GE had two more stock splits. On February 26, 2019, there was a 104-for-100 split, and on August 02, 2021, there was a 1-for-8 reverse split.
- Latest Split: The most recent split for GE occurred on January 04, 2023. It was a 1281-for-1000 split, meaning for each 1000 shares of GE owned pre-split, the shareholder then owned 1281 shares.
Subsequent Splits
GE had several more 2-for-1 stock splits throughout its history. The second split occurred on June 02, 1983, the third split on May 26, 1987, the fourth split on May 16, 1994, and the fifth split on May 12, 1997.
3-for-1 Split
On May 08, 2000, GE had a 3-for-1 stock split. This means that for each share of GE owned pre-split, the shareholder then owned 3 shares.
Recent Splits
In recent years, GE had two more stock splits. On February 26, 2019, there was a 104-for-100 split, and on August 02, 2021, there was a 1-for-8 reverse split.
Latest Split
The most recent split for GE occurred on January 04, 2023. It was a 1281-for-1000 split, meaning for each 1000 shares of GE owned pre-split, the shareholder then owned 1281 shares.
Sources
- Stock Split History – General Electric (GE)
- GE Stock Split: What You Need To Know
- GE Completes One-for-Eight Reverse Stock Split
FAQs
How many times has GE stock split?
GE has split its stock 9 times.
When was the first GE stock split?
The first GE stock split was on June 08, 1971.
What was the most recent GE stock split?
The most recent GE stock split was on January 04, 2023.
What type of stock split was the most recent GE stock split?
The most recent GE stock split was a 1281-for-1000 split, which is a forward split.
What is a stock split?
A stock split is when a company divides its existing shares into a larger number of shares. This increases the number of shares outstanding but does not change the total value of the company.
Why do companies do stock splits?
Companies do stock splits for a variety of reasons, including to make the stock more affordable for investors, to increase liquidity, and to signal to the market that the company is doing well.
What is a reverse stock split?
A reverse stock split is the opposite of a stock split. In a reverse stock split, a company reduces the number of shares outstanding by combining multiple shares into a smaller number of shares.
What is the difference between a stock split and a stock dividend?
A stock split is when a company divides its existing shares into a larger number of shares. A stock dividend is when a company issues new shares to its existing shareholders.