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FitLife Brands ( (FTLF) ) just unveiled an announcement.
On February 5, 2025, FitLife Brands announced a 2-for-1 forward stock split of its common stock, which will take effect on February 6, 2025, with trading on a split-adjusted basis starting February 7, 2025, on the Nasdaq Capital Market. This move, approved by the Board of Directors without requiring stockholder approval, aims to increase the stock’s daily trading volumes and make it more accessible to a broader range of investors. The forward split doubles the number of outstanding shares from 4.6 million to 9.2 million but does not alter stockholders’ percentage ownership or voting power.
More about FitLife Brands
FitLife Brands is a developer and marketer of innovative and proprietary nutritional supplements and wellness products aimed at health-conscious consumers. The company primarily sells its over 250 products online, through GNC® franchise locations, and various retail outlets, and is headquartered in Omaha, Nebraska.
YTD Price Performance: -1.03%
Average Trading Volume: 12,719
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $146.4M
See more insights into FTLF stock on TipRanks’ Stock Analysis page.
