合股是拆股的相反过程，当股票价格较低时，为了提升公司形象，上市公司会将已发行的股票按比例进行合并，即由多股合并为1股。合股后，股价按照相应比例提高，股东权益不变，公司的总市值也不变，但是持仓数量会发生变化。October 11th (Eastern Time) - $ADASTRA HOLDINGS LTD (XTXXF.US)$ 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 15th, 2024.
$ADASTRA HOLDINGS LTD (XTXXF.US)$ rose 53.45% and closed at $0.06 on October 10th with a turnover of $540. $ADASTRA HOLDINGS LTD (XTXXF.US)$ now has a total market capitalization of $3.35 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.
