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鳄鱼恤将于2024年11月1日除权除息,20股合为1股

CROCODILE To Carry Out 1-for-20 Reverse Stock Split On November 1st, 2024

Futu News ·  Sep 26, 2024 17:15

September 26th (Beijing Time) - $CROCODILE (00122.HK)$ is about to implement a 1-for-20 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from November 1st, 2024.

$CROCODILE (00122.HK)$ rose 2.27% and closed at HK$0.09 on September 25th with a turnover of HK$54,946. $CROCODILE (00122.HK)$ now has a total market capitalization of HK$127.91 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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