share_log

VCI Global将于2024年11月5日除权除息,49股合为1股

VCI Global To Carry Out 1-for-49 Reverse Stock Split On November 5th, 2024

Futu News ·  Nov 2 07:35

November 1st (Eastern Time) - $VCI Global (VCIG.US)$ is about to implement a 1-for-49 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from November 5th, 2024.

$VCI Global (VCIG.US)$ slipped 7.36% and closed at $0.0805 on October 31st with a turnover of $1.53 million. $VCI Global (VCIG.US)$ now has a total market capitalization of $12.22 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.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment