2023-07-17 09:55:26 ET
- Microfinance lender Dunxin Financial Holdings ( NYSE: DXF ) said on Monday that it plans a ratio change on its American Depositary Shares trading price from 1 ADS:48 shares to 1 ADS:480 shares, effective July 25 market open.
- The ADS holders will be required to surrender their ADS to the depositary bank for cancellation and exchange.
- The company that the ratio change is expected to increase the ADS price proportionally.
- Source: Press Release
For further details see:
Dunxin Financial plans to effect ratio change on American Depositary Shares trading price