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Addvantage Technologies将于2023年11月16日除权除息,10股合为1股

Addvantage Technologies To Carry Out 1-for-10 Reverse Stock Split On November 16th, 2023

Futu News ·  Nov 15, 2023 08:45

November 15th - $Addvantage Technologies (AEY.US)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from November 16th, 2023.

$Addvantage Technologies (AEY.US)$ rose 18.08% and closed at $0.32 on November 14th with a turnover of $28,587. $Addvantage Technologies (AEY.US)$ now has a total market capitalization of $4.79 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.

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