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E-Home Household Service Holdings Implements Capital Reorganization

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E-Home Household Service Holdings Implements Capital Reorganization

E-Home Household Service Holdings ( (EJH) ) just unveiled an update.

On November 26, 2024, E-Home Household Service Holdings Limited’s shareholders approved a capital reorganization, which included a significant reduction in the par value of its ordinary shares from US$10.00 to US$0.001. This move was aimed at offsetting accumulated losses and creating a more flexible financial structure for future distributions, such as dividends. The reorganization was confirmed by the Grant Court of the Cayman Islands on February 25, 2025, and became effective on March 6, 2025. This restructuring is expected to enhance the company’s financial flexibility and potentially improve its market positioning.

More about E-Home Household Service Holdings

E-Home Household Service Holdings Limited operates in the service industry, providing household services. The company is based in Fuzhou City, China, and focuses on delivering various household-related services to its clients.

YTD Price Performance: -12.12%

Average Trading Volume: 1,392,332

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.01M

See more data about EJH stock on TipRanks’ Stock Analysis page.

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