AMTD IDEA Group changes ADS ratio while AMTD IDEA Group stock faces NYSE review
Published on 10/14/2026 at 02:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCorporate action and trading context
- AMTD IDEA Group announced the ADS ratio change on October 6, 2026.
- Each ADS will represent 360 Class A ordinary shares instead of 6.
- AMTD IDEA Group stock last stood at USD 0.38 on the NYSE on October 13, 2026 at 4:00 p.m. EDT.
- The ratio change is scheduled for October 19, 2026.
AMTD IDEA Group (ISIN US00180G3048) announced on October 6, 2026 that it would change each American depositary share from representing 6 Class A ordinary shares to 360. AMTD IDEA Group stock last stood at USD 0.38 on the NYSE on October 13, 2026 at 4:00 p.m. EDT, while the corporate action addresses an earlier listing-compliance notice.
Why the ratio is changing
According to PR Newswire on October 6, 2026, AMTD IDEA Group plans a one-for-60 reverse ADS split effect. Holders will surrender 60 existing ADSs for 1 new ADS, while the underlying Class A ordinary shares will not be issued or canceled.
The action followed a notice from the New York Stock Exchange dated July 8, 2026. The notice cited an average ADS closing price below USD 1.00 for 30 consecutive trading days as of July 7, 2026, according to StockTitan.
What changes on October 19
The new ratio is scheduled to take effect on October 19, 2026, in U.S. Eastern Time. The company said the adjustment is intended to facilitate compliance with NYSE continued-listing standards, but it does not change the ownership of the underlying ordinary shares or the company's operating business.
AMTD IDEA Group also said that 4,417,036 ADSs had been repurchased under existing programs as of October 7, 2026. Fractional entitlements created by the exchange will be aggregated and sold by the depositary bank, with net proceeds distributed after applicable fees, taxes and expenses.
Three dates and figures
The chronology is clear. On July 7, 2026, the average ADS closing price was below the USD 1.00 threshold for 30 trading days; on October 6, 2026, the company announced the 6-to-360 ratio change; and on October 7, 2026, repurchases totaled 4,417,036 ADSs, according to the filed release carried by PR Newswire.
NYSE price and ratio date
The last quoted AMTD IDEA Group price was USD 0.38 on the NYSE on October 13, 2026 at 4:00 p.m. EDT. The next dated corporate action is the planned ADS ratio change on October 19, 2026.
AMTD IDEA Group stock facts
- Company: AMTD IDEA Group
- ISIN: US00180G3048
- Ticker: AMTD
- Primary exchange: NYSE
- Last NYSE price (as of October 13, 2026, 4:00 p.m. EDT): USD 0.38
- Market capitalization: USD 2.9 million (as of October 13, 2026)
- 52-week range: USD 0.35-1.65 (as of October 13, 2026)
- Sector / Industry: Financial Services / Investment Banking and Investment Services
Market context: Market report S&P 500.
