QVC Group Inc. has announced a 1-for-50 reverse stock split of its Series A and Series B common stocks, effective May 22, 2025. This move aims to help the company comply with Nasdaq's minimum bid price requirement. Trading on a split-adjusted basis will commence on May 23, 2025. Additionally, QVC Group intends to delist its Series B stock from Nasdaq and transfer it to OTC Markets.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.