C Fin Intl Inv Announces Reverse Stock Split, Canceling 8.78 Billion Shares on 5-for-1 Basis

Stock News06-02 16:45

The company has issued a notice regarding a consolidation of its share capital.

This action is scheduled to take effect on June 2, 2026.

The consolidation will proceed on the basis of combining every five existing issued and unissued shares into a single new share.

As a result of this reverse stock split, a total of 8.777 billion shares will be canceled.

C FIN INT INV (00721)

The share consolidation is a significant corporate action for the company.

This process effectively reduces the total number of shares in circulation.

The move is intended to adjust the share capital structure of the firm.

It represents a formal change to the company's issued capital base.

The announcement provides clarity on the upcoming adjustment for shareholders.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment