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OT: Now historic GM stock certificates Posted by MI-Roger [Email] (#882) [Profile/Gallery] (more from MI-Roger) on Mon, 1 Jun 2009 04:51:47 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Thirty years ago I received a single share certificate of GM stock. Ten years after that, in 1989, GM stock underwent a 2:1 split after its price hit $100 per share. The company sent me a second single share certificate.
For Christmas this year each son will receive one of these certificates in a nice frame. The frame will probably be worth more than the certificate within it (definitely by day's end today!) which will have historic value only, as well as maybe a little rarity value due to the certificates being issued for only one share each.
Wow, $100 per share in 1989 to $0 per share in 2009! I read an article yesterday that identified GM's employment levels as 661,000 in 1979 and less than 90,000 this year.
posted by 24.23.71...
_______________________________________ Saabs owned: 2008 9-5 Aero Sedan, sold at 227K miles 2006 9-3SC 2.0T - Wife's daily driver 2000 Viggen Convertible - Sold May, 2022 1964 Quantum IV Formula Car - Retirement project 2000 9-5lpt Sedan, sold at 318K miles
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