Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Fingerprint Cards ( ($SE:FING.B) ) has shared an update.
Fingerprint Cards AB held an Extraordinary General Meeting where they resolved to implement a reverse share split, consolidating 2,000 existing shares into one. This decision will significantly reduce the number of shares and votes, impacting the company’s capital structure and potentially its market perception. The company plans to manage excess shares through an issuing agent, ensuring shareholders are compensated for any fractional shares.
More about Fingerprint Cards
Fingerprint Cards AB (FPC) is a global leader in biometrics, offering solutions that range from intelligent edge to cloud biometrics. Their products are trusted by enterprises, fintechs, and OEMs, facilitating secure and convenient authentications across various devices and platforms. FPC’s technology supports multiple biometric modalities, including fingerprints, iris, and facial recognition, aiming to drive the world towards a passwordless future. The company is listed on Nasdaq Stockholm.
YTD Price Performance: -37.50%
Average Trading Volume: 261,395,505
Technical Sentiment Signal: Strong Sell
Current Market Cap: SEK147.2M
For detailed information about FING.B stock, go to TipRanks’ Stock Analysis page.