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中科生物将于2024年1月2日除权除息,10股合为1股

CH ENV TECH&BIO To Carry Out 1-for-10 Reverse Stock Split On January 2nd, 2024

Futu News ·  Nov 4, 2023 05:05

November 4th - $CH ENV TECH&BIO (01237.HK)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from January 2nd, 2024.

$CH ENV TECH&BIO (01237.HK)$ slipped 2.22% and closed at HK$0.044 on November 3rd with a turnover of HK$5,723. $CH ENV TECH&BIO (01237.HK)$ now has a total market capitalization of HK$40.54 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

The translation is provided by third-party software.


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