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GDEV to Implement 1-for-10 Reverse Share Split
2024-08-21 21:36
09:36 AM EDT, 08/21/2024 (MT Newswires) -- GDEV (GDEV) said Wednesday it will implement a 1-for-10 reverse share split of its ordinary shares, effective at 4:01 pm ET on Aug. 28.
The company said its ordinary shares will start trading on a split-adjusted basis when Nasdaq Global Market trading opens on Aug. 29.
GDEV said the split is expected to increase the market price of its ordinary shares, which in turn could improve their marketability and liquidity.
Price: 3.15, Change: +0.16, Percent Change: +5.35
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