Gate News, according to an official announcement from DuPont de Nemours, Inc., the company will implement a 1-for-3 reverse stock split, meaning every 3 issued and outstanding shares of DD common stock will be automatically combined into 1 share. Gate has supported this reverse stock split and completed the corresponding adjustment of DD stock holdings on the platform.
Under this reverse stock split arrangement, the number of DD shares held by users will be adjusted to 1/3 of the original amount, and the average holding price has been adjusted at the same ratio. The reverse stock split will not change the overall equity value corresponding to the DD shares held by users. However, due to factors such as market price fluctuations and changes in trading liquidity, the final result displayed in the user's account shall be subject to actual receipt and page presentation.
DuPont is a global materials and specialty chemicals company headquartered in the United States. Its business covers multiple fields such as electronic materials, industrial materials, water treatment, automotive, construction, medical, and consumer goods. Its products and technologies are widely used in semiconductors, advanced manufacturing, protective materials, high-performance films, engineering plastics, and filtration and purification scenarios.