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Hemogenyx Pharmaceuticals Announces Capital Reorganization and New Share Trading
Company Announcements

Hemogenyx Pharmaceuticals Announces Capital Reorganization and New Share Trading

Story Highlights
  • Hemogenyx Pharmaceuticals completed a capital reorganization, issuing 3,504,539 new shares.
  • The new shares will start trading on the London Stock Exchange on December 13, 2024.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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HemoGenyx Pharmaceuticals Plc ( (GB:HEMO) ) has provided an update.

Hemogenyx Pharmaceuticals has completed a capital reorganization involving the subdivision and reclassification of its shares, resulting in 3,504,539 new ordinary shares. The new shares are set to commence trading on the London Stock Exchange’s Main Market on December 13, 2024, following the reorganization’s approval at the recent Extraordinary General Meeting. The change in share structure and new ISIN is a strategic move to streamline the company’s capital structure, potentially impacting shareholder notifications under regulatory guidelines.

More about HemoGenyx Pharmaceuticals Plc

Hemogenyx Pharmaceuticals is a publicly traded clinical stage biopharmaceutical company headquartered in London with subsidiaries in New York City. It focuses on developing innovative therapies for blood and autoimmune diseases, including advancing bone marrow transplantation treatments. The company is working on various product candidates and platform technologies to address life-threatening diseases.

YTD Price Performance: -51.57%

Average Trading Volume: 13,552,833

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £15.62M

For detailed information about HEMO stock, go to TipRanks’ Stock Analysis page.

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