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Environmental Clean Technologies Announces Capital Consolidation Plan

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Environmental Clean Technologies Announces Capital Consolidation Plan

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Environmental Clean Technologies Limited ( (AU:ECT) ) has issued an announcement.

Environmental Clean Technologies Limited has announced a proposed consolidation of its capital on a 15 to 1 basis, pending shareholder approval. This move aims to create a more efficient capital structure, aligning the company’s share price with its size and peer group, potentially attracting a broader range of investors. The consolidation will not materially affect individual shareholder percentages but will significantly reduce the total number of shares on issue.

More about Environmental Clean Technologies Limited

Environmental Clean Technologies Limited operates in the environmental technology sector, focusing on clean energy solutions. The company is involved in developing and commercializing technologies that aim to reduce carbon emissions and improve energy efficiency.

Current Market Cap: A$11.88M

Learn more about ECT stock on TipRanks’ Stock Analysis page.

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