tiprankstipranks
Trending News
More News >

IDEX Biometrics Completes Share Capital Reduction

Story Highlights
  • IDEX Biometrics is a leader in fingerprint biometrics, focusing on payments and digital identity.
  • The company has reduced its share capital, affecting its financial structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest update is out from IDEX Biometrics ( (IDXAD) ).

IDEX Biometrics ASA has completed a share capital reduction, as resolved in an extraordinary general meeting. The company’s share capital is now NOK 8,315,942.32, divided into 831,594,232 shares, each with a nominal value of NOK 0.01. This adjustment could impact the company’s financial structure and market perception.

More about IDEX Biometrics

IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity. The company focuses on delivering convenience, security, and seamless user experiences through its patented sensor technologies and software, primarily targeting card-based applications. IDEX partners with leading card manufacturers and technology companies to bring its solutions to market.

Technical Sentiment Signal: Buy

Current Market Cap: $3.23M

For a thorough assessment of IDXAD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App