GMM Grammy PCL
SET:GRAMMY
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GRAMMY's latest stock split occurred on Sep 30, 2014
The company executed a 308-for-307 stock split, meaning that for every 307 shares held, investors received 308 new shares.
Before the split, GRAMMY traded at 14 per share. Afterward, the share price was about 13.3678.
The adjusted shares began trading on Sep 30, 2014. This was stock split number 3 in GRAMMY's history, following the previous one in Aug 16, 2013.
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GMM Grammy PCL
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GMM Grammy is one of Thailand’s best-known entertainment companies. It makes and sells music, manages artists, produces TV and digital content, and runs live entertainment such as concerts and fan events. The company also earns from licensing its songs, shows, and characters to other media and business partners. Its main customers are music fans, viewers, advertisers, brands, streaming services, and event sponsors. GMM Grammy makes money in several ways: selling music and content rights, taking advertising and sponsorship income from media businesses, and earning ticket and merchandise sales from live events. It also benefits when its owned songs and programs are reused across different channels. What makes the business model different is that it sits at the center of Thailand’s entertainment value chain. Instead of only being a record label or only running media channels, it creates intellectual property and then monetizes that same content in many forms. That gives the company a broad reach with consumers while keeping control over the rights to its content.
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