tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LC Logistics Announces Share Subdivision and Board Lot Size Change

Story Highlights
LC Logistics Announces Share Subdivision and Board Lot Size Change

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

LC Logistics, Inc ( (HK:2490) ) has issued an update.

LC Logistics, Inc., a company incorporated in the Cayman Islands, has announced a proposed share subdivision and change in board lot size. The share subdivision will split each existing share into two subdivided shares, effectively doubling the number of shares in circulation. This move is contingent upon shareholder approval and regulatory compliance. Additionally, the board lot size for trading will change from 200 existing shares to 300 subdivided shares, conditional upon the share subdivision’s effectiveness. These changes aim to enhance the liquidity and marketability of the company’s shares.

More about LC Logistics, Inc

Average Trading Volume: 145,080

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.28B

For detailed information about 2490 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1