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Universe Pharmaceuticals Announces Extraordinary General Meeting for Share Consolidation
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Universe Pharmaceuticals Announces Extraordinary General Meeting for Share Consolidation

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An announcement from Universe Pharmaceuticals ( (UPC) ) is now available.

Universe Pharmaceuticals INC has announced an Extraordinary General Meeting of Shareholders scheduled for February 17, 2025. The agenda includes proposals for a significant share consolidation and amendments to the company’s memorandum of association. This move aims to streamline the company’s share structure, potentially impacting shareholders by adjusting the par value and total number of shares. The board has recommended shareholders vote in favor of these proposals, indicating a strategic shift in the company’s financial structuring and governance.

More about Universe Pharmaceuticals

Universe Pharmaceuticals INC is a company operating in the pharmaceutical industry, providing various pharmaceutical products. It is incorporated under the laws of the Cayman Islands and is primarily focused on shareholders in the Chinese market.

YTD Price Performance: -29.69%

Average Trading Volume: 2,324,056

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.09M

Find detailed analytics on UPC stock on TipRanks’ Stock Analysis page.

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