Genetron Holdings Announces Plan To Implement ADS Ratio Change From 1-5 To 1-15
Portfolio Pulse from Benzinga Newsdesk
Genetron Holdings has announced a plan to change its ADS ratio from 1-5 to 1-15, according to an SEC filing.
October 11, 2023 | 8:35 pm
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NEUTRAL IMPACT
Genetron Holdings' plan to change its ADS ratio could impact the stock's liquidity and price.
The change in ADS ratio could potentially affect the liquidity of Genetron Holdings' stock, as it alters the number of shares an investor receives per ADS. This could also impact the stock's price, although the direction of the impact is uncertain without additional information.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100