Quarterly Result12 Feb 2026, 10:51 pm
ATN International Ltd Announces EGM for Share Capital Reduction and Consolidation
AI Summary
ATN International Ltd has called for an Extraordinary General Meeting (EGM) on March 9, 2026, to consider the approval of a special resolution for the reduction and consolidation of its share capital. The proposed reduction is aimed at restructuring and optimizing the company's financial position, eliminating accumulated losses, and enhancing long-term operational and financial stability. The EGM will also discuss the necessary accounting adjustments and the impact of the reduction on the company's issued, subscribed, and paid-up share capital.
Key Highlights
- ATN International Ltd calls for EGM to consider share capital reduction and consolidation
- Proposed reduction aims to optimize financial position and eliminate accumulated losses
- Necessary accounting adjustments to be made in the books of accounts
- Impact of reduction on issued, subscribed, and paid-up share capital
- Approval of NCLT and other regulatory authorities required
Price Impact
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