Granite Point Mortgage Trust completes 1-for-10 reverse stock split
GPMT•Granite Point Mortgage Trust completed a 1-for-10 reverse stock split effective Oct. 5, reducing outstanding common shares to about 4.8 million from about 48.2 million; its stock continues trading on the NYSE under GPMT.
1. Share count reduced
Granite Point Mortgage Trust completed a 1-for-10 reverse stock split effective at 5:00 p.m. ET on Oct. 5, 2026. Outstanding common shares fell to about 4.8 million from about 48.2 million, while par value per share remained unchanged; the stock continues trading on the NYSE under GPMT.
