XChange TECINC (XHG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
XChange TEC.INC has announced a change in the ratio of its American depositary shares (ADSs), which effectively acts as a one-for-twenty reverse ADS split. This move is expected to proportionally increase the ADS trading price on the Nasdaq Capital Market from November 8, 2024. Holders of ADSs must exchange their shares through The Bank of New York Mellon to comply with the new ratio.
For further insights into XHG stock, check out TipRanks’ Stock Analysis page.
