General Capital Limited Announces Share Consolidation

General Capital (NZX: GEN ) announces a share consolidation of 1 share per 4 shares currently on issue.

The Board of General Capital advises that it has resolved to implement a share consolidation to rationalise the number of ordinary shares on issue.

Every 4 General Capital shares held at 5:00 p.m. on 2 August 2024 will be consolidated into 1 share, with all fractional entitlements rounded to the nearest whole number of shares and a fractional entitlement to half a share being rounded up.

As a result of the consolidation, the number of shares on issue in General Capital will be reduced from 363,574,975 to approximately 90,893,743 shares. The intended timetable for the share consolidation is set out in the attached document.

ENDS

• General Capital Limited Announces Share Consolidation 
• Corporate Action Notice

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

GEN - General Capital Subsidiary Credit Rating Update
Fonterra updates 2025/26 season Farmgate Milk Price
FRW - Acquisition of VT Freight Express
PaySauce Opens $1m Share Purchase Plan
December 17th Morning Report
RUA - Successful rights offer is oversubscribed
Steel & Tube - Shareholder Newsletter - December 2025
SKC - Resignation of Chief Risk Officer
December 16th Morning Report
Comvita reaches agreement with lending partners