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An announcement from Fingerprint Cards ( ($SE:FING.B) ) is now available.
Fingerprint Cards AB has announced a revised plan for a reverse share split due to technical issues with the initial proposal. The new approach involves a 1:2,000 share ratio, with excess shares being sold and proceeds distributed to shareholders, ensuring no economic loss. This move is intended to streamline the company’s share structure and support future growth initiatives.
More about Fingerprint Cards
Fingerprint Cards AB (FPC) is a global leader in biometrics, offering solutions from edge to cloud that enable secure and convenient authentications across devices, cards, and digital platforms. Their technology supports multiple biometric modalities and is trusted by enterprises, fintechs, and OEMs worldwide. FPC is listed on Nasdaq Stockholm.
YTD Price Performance: -37.50%
Average Trading Volume: 286,365,246
Current Market Cap: SEK150.2M
For a thorough assessment of FING.B stock, go to TipRanks’ Stock Analysis page.