Split History
ETFs Holding GNK »    GNK Historical Stock Prices »
Video: What is a Stock Split?

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Genco Shipping & Trading is a holding company. Through its subsidiaries, Co. transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. Capesize vessels represent Co.'s primary bulk vessel category and the other vessel classes, including Ultramax, Supramax and Handysize vessels, represent its minor bulk vessel category. Co.'s primary bulk vessels are primarily used to transport iron ore and coal, while its minor bulk vessels are primarily used to transport grains, steel products and other drybulk cargoes such as cement, scrap, fertilizer, bauxite, nickel ore, salt and sugar. According to our GNK split history records, Genco Shipping and Trading has had 1 split.
GNK split history picture
Genco Shipping and Trading (GNK) has 1 split in our GNK split history database. The split for GNK took place on July 08, 2016. This was a 1 for 10 reverse split, meaning for each 10 shares of GNK owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.

When a company such as Genco Shipping and Trading conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the GNK split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Genco Shipping and Trading shares, starting with a $10,000 purchase of GNK, presented on a split-history-adjusted basis factoring in the complete GNK split history. GNK split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 07/16/2014
End date: 12/05/2022
Start price/share: $212.50
End price/share: $14.62
Starting shares: 47.06
Ending shares: 60.80
Dividends reinvested/share: $3.79
Total return: -91.11%
Average Annual Total Return: -25.05%
Starting investment: $10,000.00
Ending investment: $888.73
Years: 8.39
Growth of $10,000.00
Without Dividends Reinvested

Start date: 07/16/2014
End date: 12/05/2022
Start price/share: $212.50
End price/share: $14.62
Dividends collected/share: $3.79
Total return: -91.33%
Average Annual Total Return: -25.27%
Starting investment: $10,000.00
Ending investment: $867.06
Years: 8.39
Date Ratio
07/08/20161 for 10
GNK is categorized under the Industrials sector; below are some other companies in the same sector that also have a history of stock splits:

GOL Split History
GPN Split History
GPX Split History
GRC Split History
GRN Split History
GSL Split History
GVA Split History
GWAY Split History
GWR Split History
GWW Split History

Also explore: GNK shares outstanding history

Email EnvelopeFree GNK Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Eloxx Pharmaceuticals, Inc. (ELOX)
Baudax Bio, Inc. (BXRX)
Petros Pharmaceuticals, Inc. (PTPI)
Tuesday Morning Corporation (TUEM)
DURECT Corporation (DRRX)
CNS Pharmaceuticals, Inc. (CNSP)
Astrotech Corporation (ASTC)
SuperCom (SPCB)
Qualigen Therapeutics, Inc. (QLGN)
MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs due June 28, 2041 (OILD)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

GNK Insider Buying

GNK Split History | www.SplitHistory.com | Copyright © 2013 - 2022, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.