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Fingerprint Cards Proposes Reverse Share Split to Enhance Growth

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Fingerprint Cards ( ($SE:FING.B) ) just unveiled an announcement.

Fingerprint Cards AB has proposed a reverse share split at a ratio of 2,000:1 for its Class A and Class B shares, aiming to optimize the number of shares and support sustainable growth. This move reflects the company’s strategic efforts to strengthen its financial position and is deemed cost-efficient, ensuring shareholders hold a whole number of new shares post-split.

More about Fingerprint Cards

Fingerprint Cards AB (FPC) is a leading biometrics company based in Sweden, specializing in secure identification and authentication solutions. Their technology is integrated into hundreds of millions of devices globally, providing safe and convenient user experiences. FPC is publicly traded on Nasdaq Stockholm.

YTD Price Performance: -12.50%

Average Trading Volume: 218,090,486

Current Market Cap: SEK213.7M

See more data about FING.B stock on TipRanks’ Stock Analysis page.

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