Arrow Minerals Limited (AU:AMD) has released an update.
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Arrow Minerals Limited plans a 20-to-1 capital consolidation, reducing its issued shares from over 13 billion to approximately 661 million, pending shareholder approval. This strategic move aims to create a more efficient capital structure and attract a broader range of investors by aligning its share price with peer companies. The consolidation will not materially affect individual shareholder percentages.
For further insights into AU:AMD stock, check out TipRanks’ Stock Analysis page.
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