XXL ASA (GB:0R3P) has released an update.
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XXL ASA has announced a reverse share split with a ratio of 100:1, effective from 19 July 2024, resulting in an increased par value of shares from NOK 0.40 to NOK 40. Shareholders with fractional shares post-split will not receive compensation; these shares will be sold and proceeds donated to charity. Additionally, the company’s shares will transition to new ISINs on 23 July 2024.
For further insights into GB:0R3P stock, check out TipRanks’ Stock Analysis page.
