The latest update is out from SMX Public Limited Company ( (SMX) ).
On April 15, 2025, SMX held an Extraordinary General Meeting where shareholders approved a proposal to consolidate the company’s ordinary shares at a ratio to be determined by key executives. The consolidation aims to adjust the nominal value per share, potentially impacting the stock price and market perception. While the consolidation was authorized, the company retains the right to abandon the plan before it becomes effective, highlighting a strategic flexibility in its approach to managing share value.
More about SMX Public Limited Company
SMX (Security Matters) Public Limited Company operates in the technology sector, focusing on providing solutions for supply chain integrity and brand protection. The company is known for its innovative marking technology that allows for the tracking and authentication of products across various industries.
YTD Price Performance: -91.67%
Average Trading Volume: 260,634
Technical Sentiment Signal: Buy
Current Market Cap: $3.9M
Find detailed analytics on SMX stock on TipRanks’ Stock Analysis page.