StockMarketWire.com - Fortune Graphite's consolidation of shares of 1.54 to one as authorised by shareholders became effective on 1 January.
This consolidation resulted in a reduction of the company's outstanding shares from 39,203,636 to 25,749,118.
This consolidation was done in order to meet the requirements of the GXG Markets First Quote to have a minimum nominal share value of 10 euro cents.
Story provided by StockMarketWire.com
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