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KMC Properties ASA ( (DE:5FM) ) has shared an announcement.
KMC Properties ASA has proposed and scheduled a 6-for-1 reverse share split, consolidating every six existing shares into one new share and increasing the par value per share from NOK 2.00 to NOK 12.00, with key dates set in February 2026 for approval, last trading day with rights, ex-date, record date, and a related change of ISIN. Shareholdings that are not divisible by six will be rounded down without compensation, with aggregated fractional shares sold on Euronext Oslo Børs and the net proceeds donated to charity, while the company’s shares will simultaneously be moved to a new ISIN to reflect the consolidation, affecting how investors hold and trade the stock.
More about KMC Properties ASA
KMC Properties ASA is a Norwegian listed company, with its shares traded on Euronext Oslo Børs, operating within the real estate and property investment sector, where it manages and develops industrial and commercial properties for a range of tenants and investors.
YTD Price Performance: 2.47%
Average Trading Volume: 23,997
Current Market Cap: NOK37.19M
See more insights into 5FM stock on TipRanks’ Stock Analysis page.