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Cathedral Energy Services Announces Major Restructuring

Cathedral Energy Services Announces Major Restructuring

Cathedral Energy Services (TSE:CET) has released an update.

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Cathedral Energy Services has announced a significant restructuring, with a share consolidation of seven pre-consolidation common shares into one post-consolidation share and a name change to ‘ACT Energy Technologies Ltd.’, effective July 3, 2024. The company’s stock symbol on the Toronto Stock Exchange will also change to ‘ACX’. Shareholders are advised to surrender their existing share certificates to receive new ones reflecting the consolidation.

For further insights into TSE:CET stock, check out TipRanks’ Stock Analysis page.

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