share_log

生活概念将于2024年9月3日除权除息,20股合为1股

LIFE CONCEPTS To Carry Out 1-for-20 Reverse Stock Split On September 3rd, 2024

Futu News ·  Jul 24 05:05

July 24th (Beijing Time) - $LIFE CONCEPTS (08056.HK)$ is about to implement a 1-for-20 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from September 3rd, 2024.

$LIFE CONCEPTS (08056.HK)$ slipped 6.25% and closed at HK$0.015 on July 23rd with a turnover of HK$34,050. $LIFE CONCEPTS (08056.HK)$ now has a total market capitalization of HK$28.47 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.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment