December 13th (Japan Standard Time) - $Samty Holdings (187A.JP)$ is about to implement a 150000-for-607876091 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from January 30th, 2025.
$Samty Holdings (187A.JP)$ closed at JPY¥3285.0 on December 12th with a turnover of JPY¥121.26 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.