Dividends & Buybacks ·
Granite Point Mortgage Trust completes 1-for-10 reverse stock split
GPMTGranite Point Mortgage Trust Inc.
Granite Point Mortgage Trust completed its previously announced one-for-ten reverse stock split of common stock effective October 5, 2026. The transaction reduced outstanding shares from approximately 48.2 million to roughly 4.8 million and adjusted the par value temporarily before restoring it. Trading resumed on an adjusted basis on October 6 under symbol GPMT. Fractional shares were settled in cash based on the closing price. Granite Point Mortgage Trust is a Maryland corporation focused on originating, investing in, and managing senior floating-rate commercial mortgage loans and other debt-like commercial real estate investments.