Founder Group Announces 100-for-1 Share Consolidation

Reuters02-06
Founder Group Announces 100-for-1 Share Consolidation

Founder Group Ltd. announced a 100-for-1 share consolidation effective February 10, 2026, to comply with Nasdaq listing requirements. After the consolidation, the company's Class A and Class B shares will trade on an adjusted basis under the same symbol "FGL" with a new CUSIP number. The total outstanding Class A shares will be reduced to approximately 321,781, and Class B shares to about 93,247.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Founder Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9650306-en) on February 06, 2026, and is solely responsible for the information contained therein.

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