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Aluula Composites Inc ( (TSE:AUUA) ) has issued an announcement.
ALUULA Composites Inc. announced the consolidation of its common shares, approved by the TSX Venture Exchange, effective March 12, 2025. This consolidation will result in one post-consolidation share for every twenty pre-consolidation shares, affecting all shareholders uniformly without altering their relative interest in the company’s securities. The move is expected to streamline the company’s share structure and potentially enhance market perception.
More about Aluula Composites Inc
ALUULA Composites Inc. is a Canadian company specializing in ultra-light, high-performance, and recyclable composite materials aimed at enhancing outdoor gear. The company is known for its innovative approach that combines performance with sustainability by producing materials that are lighter, stronger, and more environmentally friendly.
YTD Price Performance: 55.56%
Average Trading Volume: 987,383
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$22.62M
Learn more about AUUA stock on TipRanks’ Stock Analysis page.