Lufax plans 1-for-10 reverse ADS split via ratio change effective Oct. 23
LU•Lufax plans to change its ADS-to-ordinary share ratio from 1-for-2 to 1-for-20, with the change expected to take effect on or about Oct. 23, 2026.
1. ADS ratio change
The change will have the same effect as a one-for-10 reverse ADS split, while the underlying ordinary shares remain unchanged and LU ADSs continue trading on the NYSE. The ADS price is expected to rise proportionally, though there is no assurance it will match a 10-fold increase.
