WF International Limited has approved a 1-for-10 reverse stock split, a move intended to support its Nasdaq listing. The company specializes in HVAC, floor heating, and water systems.
A reverse stock split, also known as a share consolidation, is a corporate action where a company reduces the number of its outstanding shares to increase the per-share market price. This is often done to meet exchange listing requirements or to make the stock more attractive to investors.
A reverse stock split, also known as a share consolidation, is a corporate action where a company reduces the number of its outstanding shares to increase the per-share market price. This is often done to meet exchange listing requirements or to make the stock more attractive to investors.
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