share_log

Zoomcar Holdings将于2024年10月22日除权除息,100股合为1股

Zoomcar Holdings To Carry Out 1-for-100 Reverse Stock Split On October 22nd, 2024

Futu News ·  Oct 19 07:35

October 18th (Eastern Time) - $Zoomcar Holdings (ZCAR.US)$ is about to implement a 1-for-100 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from October 22nd, 2024.

$Zoomcar Holdings (ZCAR.US)$ slipped 5.38% and closed at $0.123 on October 17th with a turnover of $190.96K. $Zoomcar Holdings (ZCAR.US)$ now has a total market capitalization of $9.31 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.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment