GSK, or GlaxoSmithKline, is a renowned pharmaceutical giant with a history marked by many stock splits. Over the years, GSK has conducted five stock splits, the most recent of which occurred on July 22, 2022.
The Historical Landscape of GSK Stock Splits
Here is a chronology of the stock splits in the history of GlaxoSmithKline:
- February 23, 1983: 2 for one split, resulting in a cumulative multiple of x2
- January 27, 1986: 2 for one split, resulting in a cumulative multiple of x4
- November 12, 1991: 2 for one split, resulting in a cumulative multiple of x8
- July 19, 2022: 8 for ten reverse splits, resulting in a cumulative multiple of x6.4
- July 22, 2022: 1226 for 1000 split, resulting in a cumulative multiple of x7.8464
To put this into perspective, one share of GSK purchased before February 23, 1983, would have turned into 7.8464 shares in the present day, considering all the stock splits.
|Date||Type of Split||Cumulative Multiple|
|February 23, 1983||2 for 1 split||x2|
|January 27, 1986||2 for 1 split||x4|
|November 12, 1991||2 for 1 split||x8|
|July 19, 2022||8 for 10 reverse split||x6.4|
|July 22, 2022||1226 for 1000 split||x7.8464|
The most recent stock split in July 2022, resulted in a new cumulative multiple of x7.8464, implying that one share of GSK bought before February 23, 1983, would have turned into 7.8464 shares today, given all the stock splits.
The Most Recent Stock Split and Its Implications
On July 22, 2022, GSK went through a stock split as part of a share consolidation process. This was brought about by the demerger of GSK’s Consumer Healthcare business into a separate entity, Haleon. In the recent consolidation of shares, a ratio of four fresh ordinary shares was applied for every five pre-existing common shares. The division had no bearing on the proportion of GSK shares that each GSK American Depositary Share (ADS) represents. The ADS Depositary underwent a replacement of the pre-existing GSK shares with a reduced number of new GSK shares, leading to the emergence of a distinctive ratio of 4 fresh GSK ADSs for every five pre-existing GSK ADSs.
Stock Price Movements Before and After the Recent Split
Unfortunately, I could not collect complete data on the stock prices before and after the most recent split in time. However, I confirmed that the stock split occurred on July 22, 2022.
For the most accurate and up-to-date information, it is best to check a reliable financial news or stock market platform for GSK’s historical stock prices before and after the split. Remember that many factors influence stock prices, so it’s essential to consider the broader context when analyzing the effects of a stock split.
What is the count of stock splits that GSK has undergone?
Throughout its history, GSK has undergone a total of five stock splits.
Could you kindly inform me about the latest stock split that occurred for GSK?
On the 22nd of July in the year 2022, GSK underwent its latest stock split.
What was the ratio of the most recent stock split?
The percentage applied in the most recent stock split was four new ordinary shares for every five existing shares.
Did the stock split affect the GSK American Depositary Shares (ADS) ratio?
The ratio of GSK shares represented by each GSK ADS remained unaffected by the stock split. Nevertheless, the ADS Depositary replaced the pre-existing GSK shares with a reduced number of new GSK shares.
Can you provide the historical stock prices before and after the most recent stock split?
Unfortunately, the historical stock prices before and after the most recent split are unavailable. It is recommended to refer to reliable financial news or stock market platform for the most up-to-date information on GSK’s stock prices.
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