Although we are not able to engage with individual brokerage firms, we are monitoring this situation and will keep you informed of any relevant updates we obtain through our transfer agent or DTC. We appreciate your investment and enthusiasm. Stockholders may want to make their brokerage firm aware if they recently moved shares to the Company’s direct registered list, as we have been informed this move could impact a firm’s distribution of shares. We recommend that stockholders using a brokerage firm contact that firm with needs or questions. Please note GameStop has already distributed the shares of common stock required for the stock dividend to its transfer agent, which has confirmed it subsequently distributed the appropriate number of shares of common stock to DTC for allocation to brokerage firms and other participants. GameStop has notified its transfer agent and the Depository Trust Company (“DTC”) that some of our valued stockholders in international geographies are still trying to determine if they have received the proper stock dividend associated with the Company’s recent 4-for-1 stock split.
GameStop Guidance for International Stockholders with Split-Related Questions The company states in this article that "GameStop has already distributed the shares of common stock required for the stock dividend to its transfer agent, which has confirmed it subsequently distributed the appropriate number of shares of common stock to DTC for allocation to brokerage firms and other participants." If this statement is true, and some shareholders have not been made whole, it stands to reason that investors own more shares than actually exist. The nature of the split dividend had been called into question over the past few weeks and several European investors claim to not have received their three additional shares.
MARKET WATCH GME UPDATE
A news post on GameStop's investor relations page has provided an update for shareholders regarding the recent 4-1 stock split dividend.
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