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中国生命集团将于2024年10月14日除权除息,10股合为1股

SINO-LIFE GROUP To Carry Out 1-for-10 Reverse Stock Split On October 14th, 2024

Futu News ·  Aug 31 05:05

August 31st (Beijing Time) - $SINO-LIFE GROUP (08296.HK)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from October 14th, 2024.

$SINO-LIFE GROUP (08296.HK)$ closed at HK$0.05 on August 30th . $SINO-LIFE GROUP (08296.HK)$ now has a total market capitalization of HK$47.25 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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