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Stock impact report

Global X ETFs Announces Two ETF Reverse Stock Splits [Yahoo! Finance]

Global X SuperDividend REIT ETF (SRET) 
US:NASDAQ Investor Relations: globalxfunds.com/funds/sret
Company Research Source: Yahoo! Finance
Fund Old CUSIP New CUSIP Split Ratio Global X 1-3 Month T-Bill ETF (CLIP) 37960A537 37960A438 Global X Hydrogen ETF (HYDR) 37954Y152 37960A420 Effective after market close on June 14 th , 2024, the funds listed above will effect a reverse stock split at the above ratios. The reverse stock split will increase the price per share of the Fund with a proportionate decrease in the number of shares outstanding. For example, for the Global X 1-3 Month T-Bill ETF (CLIP), every four pre-split shares will result in receipt of one post-split share, which will be priced four times higher than the net asset value (NAV) of a pre-split share. Illustration of Reverse Split The following table shows the effect of a hypothetical 1:4 reverse split: Period Number of Shares Owned Hypothetical NAV Value of Shares Pre-Split Post-Split The following table shows the effect of a hypothetical 1:5 reverse split: Period Number of Shares Owned Hypothetical NAV Show less Read more
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