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中国水业集团将于2024年12月11日除权除息,10股合为1股

WATER INDUSTRY To Carry Out 1-for-10 Reverse Stock Split On December 11th, 2024

Futu News ·  Oct 7 17:10

October 7th (Beijing Time) - $WATER INDUSTRY (01129.HK)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from December 11th, 2024.

$WATER INDUSTRY (01129.HK)$ rose 5.95% and closed at HK$0.089 on October 4th with a turnover of HK$22,424. $WATER INDUSTRY (01129.HK)$ now has a total market capitalization of HK$255.75 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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