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88 Energy ( (AU:88E) ) has provided an announcement.
88 Energy Limited has completed a consolidation of its capital, reducing its issued share capital on a one-for-twenty-five basis as approved by shareholders. This consolidation affects the company’s shares, options, and warrants, with the new share structure expected to commence trading on AIM on 13 May 2025. The consolidation is a strategic move to streamline the company’s capital structure, potentially enhancing its market positioning and simplifying shareholder interest calculations.
More about 88 Energy
88 Energy Limited is an energy company primarily engaged in the exploration and development of oil and gas resources. The company is listed on the Australian Securities Exchange (ASX), AIM, and OTC markets, focusing on advancing its projects in key energy markets.
See more data about 88E stock on TipRanks’ Stock Analysis page.