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Creative Media & Community Trust将于2025年1月6日除权除息,10股合为1股

Creative Media & Community Trust To Carry Out 1-for-10 Reverse Stock Split On January 6th, 2025

Futu News ·  Jan 3 08:40

January 2nd (Eastern Time) - $Creative Media & Community Trust (CMCT.US)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from January 6th, 2025.

$Creative Media & Community Trust (CMCT.US)$ rose 39.41% and closed at $0.225 on December 31st with a turnover of $8.12 million. $Creative Media & Community Trust (CMCT.US)$ now has a total market capitalization of $19.5 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.

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