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Erscheinung:02.08.2022 | Topic Consumer protection GameStop

At the beginning of July, GameStop Corp. announced a stock split in the form of a stock dividend. In part due to information from various investors, BaFin called on the custodian banks to safeguard delivery of the new shares.

The relevant data providers’ systems treated this capital measure as a stock split and not as a stock dividend. On 29 July 2022, individual data providers changed the type of capital measure to a stock dividend. On 1 August 2022, however, this change was reversed. As a consequence, it may be necessary for some custodian banks to revise the account statements concerned; this should be completed within a few days. New and old shares already held in safe custody by these banks will not be affected.

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