Biophytis To Carry Out 1-for-40 Reverse Stock Split On April 23rd, 2024

moomoo News ·  Apr 19 19:40

April 20th - $Biophytis (BPTS.US)$ is about to implement a 1-for-40 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from April 23rd, 2024.

$Biophytis (BPTS.US)$ slipped 11.01% and closed at $0.2901 on April 19th with a turnover of $53,018. $Biophytis (BPTS.US)$ now has a total market capitalization of $3.32 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.


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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