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The latest update is out from Afarak Group Plc ( (GB:AFRK) ).
Afarak Group SE has executed a decision made in January 2025 to reduce its share premium reserve by €25,223,189.79, bringing the reserve to zero. This amount has been transferred to the company’s invested unrestricted equity fund. The reduction does not affect the number of shares in the company, indicating a strategic financial restructuring without altering shareholder equity.
More about Afarak Group Plc
Afarak Group is a manufacturer of specialty alloys, aiming for stable growth. The company operates in the specialty alloys sector in Southern Europe and the ferroalloys sector in South Africa. Its shares are listed on NASDAQ Helsinki and the London Stock Exchange.
Find detailed analytics on AFRK stock on TipRanks’ Stock Analysis page.