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@dicki
gme announced a stock split by way of a dividend. gme would issue the shares to be used as the dividend to the holders of record, 3x the current share issuance. these would be distributed 3 shares for every one held at record date. different to custodians just splitting each share they held into 4 new ones. the only shares to be used for the dividend would come from gme themselves. booking a stock split would just allow brokers to create shares out of thin air.
the german stock exchange had to issue a notice advising brokers to correct any stock split bookings to stock dividend bookings.
the dtc was still advising a stock split as per yesterday. after computershare got their portion of shares relating to drs'ed shares the balance was sent to dtc to distribute amongst the long positions, custodians seem to be struggling to make the correct bookings, and find the correct shares.