DBV Technologies Announces Plan To Implement ADS Ratio Change From The Current ADS Ratio Of 1 ADS To 1/2 Of One 1 Ordinary Share To A New ADS Ratio Of One 1 ADS To 1 Ordinary Share
Portfolio Pulse from Benzinga Newsdesk
DBV Technologies plans to change the ratio of its American Depositary Shares (ADS) to its ordinary shares from 1 ADS to 1/2 of one ordinary share to 1 ADS to 1 ordinary share. This change is expected to be effective on or about June 3rd, 2024.
May 17, 2024 | 8:31 pm
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DBV Technologies is changing its ADS ratio from 1 ADS to 1/2 of one ordinary share to 1 ADS to 1 ordinary share, effective around June 3rd, 2024. This could impact the stock's liquidity and trading volume.
The change in ADS ratio is likely to make the stock more accessible to investors, potentially increasing liquidity and trading volume. This could have a positive short-term impact on the stock price.
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