05:53 AM EDT, 04/19/2024 (MT Newswires) -- Biophytis ( BPTS ) said Friday it is changing the ratio of its American depositary shares from a single unit representing 100 shares to 4,000 shares effective April 23.
Shareholders holding ADRs of the biotechnology company will be required to exchange their existing shares on the basis of one new ADR for every 40 existing ADRs surrendered.