--- title: "Granite Point Mortgage Trust completes 1-for-10 reverse stock split" type: "News" locale: "en" url: "https://longbridge.com/en/news/301028302.md" description: "Granite Point Mortgage Trust completed a 1-for-10 reverse stock split effective October 5, 2026. Consequently, outstanding common shares decreased from approximately 48.2 million to 4.8 million, while the par value per share remained unchanged. The company's common stock continues to trade on the NYSE under the symbol GPMT." datetime: "2026-10-06T11:30:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/301028302.md) - [en](https://longbridge.com/en/news/301028302.md) - [zh-HK](https://longbridge.com/zh-HK/news/301028302.md) generator: "portal-rs" --- # Granite Point Mortgage Trust completes 1-for-10 reverse stock split - Granite Point Mortgage Trust completed a 1-for-10 reverse stock split effective 5:00 p.m. ET on Oct. 5, 2026. \* Outstanding common shares fell to about 4,800,000 from about 48,200,000; par value per share stayed unchanged. \* Common stock continues trading on the NYSE under the symbol GPMT. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Point Mortgage Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610060730BIZWIRE\_USPR\_\_\_\_\_20261005\_BW274521) on October 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [GPMT.US](https://longbridge.com/en/quote/GPMT.US.md) ## Related News & Research - [Granite Point Mortgage Trust ups JPMorgan repurchase facility cap to $727 million](https://longbridge.com/en/news/300964801.md) - [Tower Semiconductor Q3 net profit more than doubles year over year to $119.89 million](https://longbridge.com/en/news/303953180.md) - [Bill Ackman Says Elon Musk May Need $1 Trillion for SPCX AI Buildout: ‘Competing at Sovereign Levels’](https://longbridge.com/en/news/303935360.md) - [Marvell Narrows Fiscal Q3 2027 Revenue Guidance Range to Plus or Minus 2%, Maintains Midpoint](https://longbridge.com/en/news/303953130.md) - [NH Investment & Securities Announces USD 3 Million Equity-Linked Bond Offering](https://longbridge.com/en/news/303887017.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**