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Norman Broadbent Proposes Share Consolidation Ahead of AGM

Story Highlights
  • Norman Broadbent is a professional services firm specializing in executive search and leadership advisory.
  • The company plans a share consolidation to optimize its capital structure, enhancing shareholder value.
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Norman Broadbent ( (GB:NBB) ) has provided an announcement.

Norman Broadbent announced the posting of its 2024 Annual Report and Accounts, along with a notice for its upcoming Annual General Meeting (AGM) scheduled for May 22, 2025. A significant proposal to be discussed at the AGM is the consolidation and sub-division of the company’s share capital, which aims to streamline its share structure by converting 70 existing shares into two new ordinary shares and 150 deferred shares. This move is expected to optimize the company’s capital structure and potentially enhance shareholder value.

More about Norman Broadbent

Norman Broadbent is a professional services firm specializing in executive search, senior interim management solutions, and bespoke leadership advisory services. It operates across the UK and internationally, serving industries such as Consumer, Financial Services, Industrials, Life Sciences, Investor, and TMT. Established in 1979, it was the first UK-headquartered search firm and has a 40+ year track record in leadership shaping.

YTD Price Performance: -20.0%

Average Trading Volume: 166,753

Technical Sentiment Signal: Buy

Current Market Cap: £1.74M

Learn more about NBB stock on TipRanks’ Stock Analysis page.

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