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Sequans Communications将于2024年10月9日除权除息,5股合为2股

Sequans Communications To Carry Out 2-for-5 Reverse Stock Split On October 9th, 2024

Futu News ·  Oct 1 07:40

September 30th (Eastern Time) - $Sequans Communications (SQNS.US)$ is about to implement a 2-for-5 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from October 9th, 2024.

$Sequans Communications (SQNS.US)$ rose 0.91% and closed at $1.11 on September 27th with a turnover of $248.18K. $Sequans Communications (SQNS.US)$ now has a total market capitalization of $69.01 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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