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ProShares UltraShort Utilities将于2024年11月7日除权除息,2股合为1股

Proshares Ultrashort Utilities To Carry Out 1-for-2 Reverse Stock Split On November 7th, 2024

Futu News ·  Oct 30 07:35

October 29th (Eastern Time) - $Proshares Ultrashort Utilities (SDP.US)$ is about to implement a 1-for-2 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from November 7th, 2024.

$Proshares Ultrashort Utilities (SDP.US)$ slipped 1.83% and closed at $7.4935 on October 28th with a turnover of $291.23K.


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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