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福田股份将于2024年12月6日除权除息,10股合为1股

FUTIAN HOLDINGS To Carry Out 1-for-10 Reverse Stock Split On December 6th, 2024

Futu News ·  Oct 26 05:05

October 26th (Beijing Time) - $FUTIAN HOLDINGS (08196.HK)$ 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 6th, 2024.

$FUTIAN HOLDINGS (08196.HK)$ closed at HK$0.088 on October 25th with a turnover of HK$102.47K. $FUTIAN HOLDINGS (08196.HK)$ now has a total market capitalization of HK$28.1 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.

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