Lufax plans 1-for-10 reverse ADS split via ratio change effective Oct. 23, 2026
- Lufax plans to change its ADS-to-ordinary share ratio to 1 ADS for 20 ordinary shares from 1 for 2.
- The change is expected to take effect on or about Oct. 23, 2026.
- The move is equivalent to a 1-for-10 reverse ADS split for ADS holders.
- No fractional new ADSs will be issued; cash proceeds from aggregated fractions will be distributed.
- ADSs will continue trading on the NYSE under LU; the ADS price is expected to rise proportionally.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lufax Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609300700PR_NEWS_USPR_____CN60330) on September 30, 2026, and is solely responsible for the information contained therein.