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倩碧控股将于2025年1月7日除权除息,20股合为1股

SIMPLICITY HLDG To Carry Out 1-for-20 Reverse Stock Split On January 7th, 2025

Futu News ·  Dec 2 17:15

December 2nd (Beijing Time) - $SIMPLICITY HLDG (08367.HK)$ is about to implement a 1-for-20 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from January 7th, 2025.

$SIMPLICITY HLDG (08367.HK)$ slipped 4.55% and closed at HK$0.021 on November 29th with a turnover of HK$58,680. $SIMPLICITY HLDG (08367.HK)$ now has a total market capitalization of HK$24.16 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.


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