23andMe Class A and B Shares to Undergo 1-for-20 Reverse Stock Split

Dow Jones

2024/10/11

By Denny Jacob

23andMe Holding will undergo a 1-for-20 reverse stock split of its Class and Class B shares on Wednesday, Oct. 16.

The DNA-testing company is making the change after shareholders approved an amendment to combine outstanding shares of Class A and Class B shares at its annual stockholders meeting.

Every 20 shares of 23andMe's Class A and Class B shares issued and outstanding prior to Wednesday will be automatically combined into one share of Class A and Class B shares as a result.

This will reduce the company's Class A and Class B shares from about 350.3 million shares and 166.4 million shares, respectively, to about 17.5 million shares and 8.3 million shares, respectively.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

October 11, 2024 08:40 ET (12:40 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4121","symbol_name":"生命科学工具和服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2474095440","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2474095440","pubTimestamp":1728650400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"23andMe Holding will undergo a 1-for-20 reverse stock split of its Class and Class B shares on Wednesday, Oct. 16.The DNA-testing company is making the change after shareholders approved an amendment to combine outstanding shares of Class A and Class B shares at its annual stockholders meeting.Every 20 shares of 23andMe's Class A and Class B shares issued and outstanding prior to Wednesday will be automatically combined into one share of Class A and Class B shares as a result.This will reduce the company's Class A and Class B shares from about 350.3 million shares and 166.4 million shares, respectively, to about 17.5 million shares and 8.3 million shares, respectively.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4121":"生命科学工具和服务","BK4196":"保健护理服务"},"translate_title":"23andMe A类和B类股票将进行20股1股反向股票分割","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ME":0.9},"content_text":"By Denny Jacob \n\n\n \n\n\n  23andMe Holding will undergo a 1-for-20 reverse stock split of its Class and Class B shares on Wednesday, Oct. 16. \n\n\n  The DNA-testing company is making the change after shareholders approved an amendment to combine outstanding shares of Class A and Class B shares at its annual stockholders meeting. \n\n\n  Every 20 shares of 23andMe's Class A and Class B shares issued and outstanding prior to Wednesday will be automatically combined into one share of Class A and Class B shares as a result. \n\n\n  This will reduce the company's Class A and Class B shares from about 350.3 million shares and 166.4 million shares, respectively, to about 17.5 million shares and 8.3 million shares, respectively. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 11, 2024 08:40 ET (12:40 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}