Global Medical Reit Inc (GMRE) Stock Split History

Global Medical Reit Inc has split its stock once since its initial public offering (IPO). The stock split of Global Medical Reit Inc occurred on November 17, 2014 on a 1-for-400 basis, meaning that for 400 shares of GMRE 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 Global Medical Reit Inc's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Global Medical Reit Inc 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 GMRE stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Global Medical Reit Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.