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Tasman Resources Ltd ( (AU:TAS) ) has shared an announcement.
Tasman Resources Ltd, an Australian company, announced that its shareholders have approved a consolidation of the company’s issued securities at a 5:1 ratio. This means that every five securities previously issued will be consolidated into one security. The consolidation is expected to be completed by 7 May 2025, and the company will confirm the completion to its shareholders. This move is likely aimed at streamlining the company’s equity structure, potentially impacting its market positioning and shareholder value.
More about Tasman Resources Ltd
YTD Price Performance: -14.29%
Average Trading Volume: 70,116
Technical Sentiment Signal: Buy
Current Market Cap: $1.82M
For detailed information about TAS stock, go to TipRanks’ Stock Analysis page.