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AMS-OSRAM AG UNSPN ADR EACH REP 0.50 ORD SHS将于2024年10月7日除权除息,10股合为1股

AMS-OSRAM AG UNSPN ADR EACH REP 0.50 ORD SHS To Carry Out 1-for-10 Reverse Stock Split On October 7th, 2024

Futu News ·  Sep 28 07:35

September 27th (Eastern Time) - $AMS-OSRAM AG UNSPN ADR EACH REP 0.50 ORD SHS (AMSSY.US)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from October 7th, 2024.

$AMS-OSRAM AG UNSPN ADR EACH REP 0.50 ORD SHS (AMSSY.US)$ rose 8.87% and closed at $0.675 on September 26th with a turnover of $29,939.68. $AMS-OSRAM AG UNSPN ADR EACH REP 0.50 ORD SHS (AMSSY.US)$ now has a total market capitalization of $1.33 billion.


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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