DBV Technologies Announces Plan To Implement ADS Ratio Change From 1 ADS To 1/2 Of A Ordinary Share To 1 ADS To 1 Ordinary Share, Anticipates That The ADS Ratio Change Will Be Effective On Or About June 7th, 2024
Portfolio Pulse from Benzinga Newsdesk
DBV Technologies has announced a change in the ratio of its American Depositary Shares (ADS) to its ordinary shares. The new ratio will be 1 ADS to 1 ordinary share, effective around June 7th, 2024.
May 31, 2024 | 1:53 pm
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DBV Technologies is changing its ADS ratio from 1 ADS to 1/2 ordinary share to 1 ADS to 1 ordinary share, effective around June 7th, 2024. This change could impact the stock's liquidity and price.
The change in ADS ratio is likely to make the stock more accessible to investors, potentially increasing liquidity and demand. This could have a positive short-term impact on the stock price.
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