Why Trio Petroleum (TPET) Stock Is Trading Lower
Why Trio Petroleum (TPET) Stock Is Trading Lower
Trio Petroleum Corp (NASDAQ:TPET) shares are trading lower by 19% to 10 cents Tuesday morning after the company announced a 1-for-20 reverse stock split, approved by its board and shareholders, to take effect on November 14.
Trio Petroleum 公司（納斯達克:TPET）的股票在公司宣佈1比20的股票逆向拆股後，週二上午交易下跌了19%，跌至10美分。這一拆股計劃已獲董事會和股東批准，將於11月14日生效。
What To Know: This split will consolidate every 20 shares of common stock into 1 share, affecting all outstanding shares equally. Stockholders' ownership percentages will remain the same, though fractional shares will be rounded up.
需要了解的是：這次拆股將把每20股普通股合併爲1股，影響所有未兌付的股票持有人。股東的所有權百分比將保持不變，儘管碎股將向上舍入。
Adjustments will also be made to Trio's equity awards. The stock will begin trading on a post-split basis on November 15, under the same symbol (TPET) with a new CUSIP number.
Trio的股權獎勵也將做出調整。該股票將於11月15日開始在拆股後基礎上交易，仍使用相同的標的（TPET），但具有新的CUSIP編號。
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According to data from Benzinga Pro, TPET has a 52-week high of $0.72 and a 52-week low of $0.08.
根據Benzinga Pro的數據，TPET的52周最高價爲0.72美元，52周最低價爲0.08美元。
譯文內容由第三人軟體翻譯。
