AMTD stock fell 4.00 percent as a 1-for-60 ADS change nears

Published on 10/07/2026 at 03:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMTD stock faces a 1-for-60 ADS exchange on October 19, 2026, after an NYSE compliance notice. The group had repurchased 4,417,036 ADSs by October 7.

AMTD, US00180G3048, Illustration mit AI erstellt.

AMTD stock was trading at USD 0.7410 on the NYSE at 9:52 a.m. EDT on October 6, 2026, down 4.00 percent from the previous close. The company is preparing a 1-for-60 ADS exchange that will reshape the share structure on October 19, 2026.

ADS ratio changes on October 19

According to ABC27 on October 6, 2026, AMTD IDEA Group will change the ratio from one ADS representing six Class A ordinary shares to one ADS representing 360 Class A ordinary shares. For ADS holders, the change has the same effect as exchanging every 60 existing ADSs for one new ADS.

The company said the new ratio will take effect on or about October 19, 2026, in U.S. Eastern Time. Its ADSs will continue trading on the New York Stock Exchange under the ticker AMTD, and the company said the underlying Class A ordinary shares will not be issued or canceled.

NYSE compliance drives the move

The measure follows a notice received from the NYSE on July 8, 2026. The exchange said AMTD's average ADS closing price had been below USD 1.00 for 30 consecutive trading days as of July 7, 2026, according to ABC27.

The notice did not immediately remove the listing and was not expected to affect operations or U.S. reporting obligations. The practical investor issue is therefore the distinction between a higher quoted ADS price and unchanged underlying ownership economics.

AMTD also reported that it had repurchased 4,417,036 ADSs under existing programs as of October 7, 2026. That figure is separate from the ratio change because the company said no ordinary shares will be issued or canceled in the exchange.

AMTD stock remains near yearly low

At USD 0.7410 on October 6, 2026, AMTD stock stood above its 52-week low of USD 0.7000 and below its 52-week high of USD 1.6500. Its market capitalization was USD 59.4 million, while volume at the quoted intraday point was 5,578 shares.

The stock's 4.00 percent decline and the NYSE compliance background give the October 19 conversion a clear market test. The ratio will mechanically change the ADS count, while the exchange listing and the company's operating assets remain the key facts for valuation.

ADS exchange sets the next checkpoint

AMTD stock is scheduled for the 1-for-60 ADS exchange on October 19, 2026. The quoted price was USD 0.7410 on the NYSE on October 6, 2026, with the 52-week range extending from USD 0.7000 to USD 1.6500.