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。November 10th (Eastern Time) - $SHINECO (SISI.US)$ is about to implement a 1-for-24 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from November 12th, 2024.
$SHINECO (SISI.US)$ slipped 16.73% and closed at $0.114 on November 8th with a turnover of $489.5K. $SHINECO (SISI.US)$ now has a total market capitalization of $3.85 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.
