Granite Point Mortgage Trust completes 1-for-10 reverse stock split
Granite Point Mortgage Trust completed a 1-for-10 reverse stock split effective Oct. 5, 2026. Outstanding common shares fell to about 4,800,000 from about 48,200,000.
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Granite Point Mortgage Trust Completes 1-for-10 Reverse Stock Split
Granite Point Mortgage Trust Inc. completed a one-for-ten reverse stock split, effective October 5, 2026. The split reduced the number of outstanding shares from approximately 48.2 million to 4.8 million. The company's stock continues to trade on the NYSE under the ticker symbol GPMT, with a new CUSIP number.