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Afarak Group Plc ( (GB:AFRK) ) has provided an announcement.
Afarak Group Plc, a company listed on the LSE and NASDAQ, has announced an extraordinary general meeting scheduled for January 29, 2025, in Helsinki. The primary agenda includes proposals to reduce the company’s share capital and premium fund, transferring these funds to the invested unrestricted equity fund, which aims to provide a more flexible capital structure and enhance efficient use of company funds. These changes are proposed to better align with the current company law and have no impact on the number of shares, shareholder rights, or ownership proportions. The board will oversee all practical measures related to these reductions.
More about Afarak Group Plc
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £54.96M
For detailed information about AFRK stock, go to TipRanks’ Stock Analysis page.