SplitJun 5, 2026, 06:16 AM
Dreamland Ltd to Implement 1-for-25 Reverse Stock Split on June 15
AI Summary
Dreamland Limited announced a 1-for-25 reverse stock split, which is expected to become effective on June 15, 2026, with split-adjusted trading commencing on the same day. The company's total issued and outstanding share capital will be adjusted from 37,738,905 ordinary shares to approximately 1,509,557 ordinary shares. Fractional shares resulting from the split will be rounded up to the nearest whole share, and the authorized share capital has also been reduced proportionally.
Key Highlights
- Dreamland Limited announced a 1-for-25 reverse stock split.
- The reverse stock split is expected to become effective on June 15, 2026.
- Trading on a split-adjusted basis will begin at market open on June 15, 2026.
- Pre-split, the company had 37,738,905 ordinary shares outstanding.
- Post-split, approximately 1,509,557 ordinary shares will be outstanding.
- Fractional shares will be rounded up to the nearest whole share.
- Authorized share capital was reduced from 2,000,000,000 shares to 80,000,000 shares.
Price Impact
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