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丽翔教育将于2024年9月30日除权除息,10股合为1股

Lixiang Education To Carry Out 1-for-10 Reverse Stock Split On September 30th, 2024

Futu News ·  Sep 17 07:40

September 16th (Eastern Time) - $Lixiang Education (LXEH.US)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from September 30th, 2024.

$Lixiang Education (LXEH.US)$ slipped 10.02% and closed at $0.229 on September 13th with a turnover of $38,858. $Lixiang Education (LXEH.US)$ now has a total market capitalization of $2.67 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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