Recrusul proposes 4-for-1 reverse stock split for common and preferred shares

Reuters2026/08/19 22:34

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Recrusul’s board called an extraordinary shareholders’ meeting to vote on a 4-for-1 reverse split of all common and preferred shares.
The transaction would not change the company’s share capital, pending shareholder approval.
Shareholders will also be asked to amend Article 5 of the bylaws to reflect the new share count.
Directors authorized management to take the steps needed to implement the measures if approved.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recrusul SA published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Recrusul proposes 4-for-1 reverse stock split for common and preferred shares

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