Century Group International Announces Share Consolidation Resulting in Reduction of 765 Million Shares

Stock News09-15

Century Group International (ASX: 02113) has announced a significant corporate action involving its share structure. Effective September 14, 2026, the company will implement a share consolidation whereby every 20 existing ordinary shares will be merged into one consolidated share. This consolidation process will lead to a substantial reduction of 765 million shares from the company's total issued share capital.

This move, as disclosed in the company's official announcement, is designed to streamline the share base and potentially enhance the trading liquidity of its shares. The consolidation reflects a strategic step by Century Group International to adjust its capital structure in alignment with its broader corporate objectives. Shareholders are expected to receive one consolidated share for every 20 shares held, with the overall value of their holdings remaining proportionally unchanged, aside from the reduced number of shares in circulation.

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