CENTR Brands Corp. Announces Effective Date of Consolidation
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CENTR Brands Corp. will consolidate its common shares on a 10-to-1 basis effective November 18, 2024. The company's name will remain unchanged.
November 14, 2024 | 3:30 am
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NEUTRAL IMPACT
CENTR Brands Corp. is consolidating its shares on a 10-to-1 basis, which may affect the stock's liquidity and price per share.
The consolidation will reduce the number of shares outstanding, potentially increasing the stock price per share but reducing liquidity. This action is neutral in the short term as it doesn't change the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100