CENTR Brands Corp. Announces Proposed Consolidation
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CENTR Brands Corp. plans a 10-for-1 share consolidation, reducing its outstanding shares from 116,233,800. This move is aimed at improving the company's stock structure.
November 13, 2024 | 3:00 am
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CENTR Brands Corp. is consolidating its shares on a 10-for-1 basis, which will reduce the number of shares from 116,233,800. This could impact the stock's liquidity and price.
The share consolidation will reduce the number of shares, potentially increasing the stock price due to a lower share count. However, it may also affect liquidity as fewer shares will be available for trading.
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