share_log

OI SA SPON ADR EACH REP 0.05 ORD将于2024年9月6日除权除息,100股合为1股

OI SA SPON ADR EACH REP 0.05 ORD To Carry Out 1-for-100 Reverse Stock Split On September 6th, 2024

Futu News ·  Aug 30 07:40

August 29th (Eastern Time) - $OI SA SPON ADR EACH REP 0.05 ORD (OIBZQ.US)$ is about to implement a 1-for-100 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from September 6th, 2024.

$OI SA SPON ADR EACH REP 0.05 ORD (OIBZQ.US)$ slipped 7.11% and closed at $0.111 on August 28th with a turnover of $46.1. $OI SA SPON ADR EACH REP 0.05 ORD (OIBZQ.US)$ now has a total market capitalization of $135.18 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