Statements (13)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
corporate action
|
| gptkbp:appliesTo |
publicly traded companies
|
| gptkbp:common_ratio |
1-for-10
|
| gptkbp:defines |
A reverse stock split is a corporate action in which a company reduces the number of its outstanding shares, increasing the share price proportionally.
|
| gptkbp:effect |
Does not change total market capitalization
Increases share price Reduces number of shares outstanding |
| https://www.w3.org/2000/01/rdf-schema#label |
reverse stock split (2023)
|
| gptkbp:purpose |
To increase share price and meet exchange listing requirements.
|
| gptkbp:regulates |
Subject to SEC rules in the United States
|
| gptkbp:year |
2023
|
| gptkbp:bfsParent |
gptkb:AMC_Entertainment_Holdings,_Inc.
|
| gptkbp:bfsLayer |
7
|