GreenFirst Forest Products (TSE:GFP) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
GreenFirst Forest Products Inc. has delayed the effective date of its Share Capital Amendments to October 11, 2024, and is also moving forward with a 10-to-1 consolidation of its common shares. This consolidation means that shareholders with fewer than 1,000 shares will receive cash, while those with more will see their shares consolidated at a 10:1 ratio. The company will release further details on the trading of post-consolidation shares later in the week.
For further insights into TSE:GFP stock, check out TipRanks’ Stock Analysis page.