IDEX Biometrics ( (IDXAD) ) just unveiled an update.
IDEX Biometrics ASA announced the approval of a share consolidation at their Extraordinary General Meeting, where 100 old shares will be consolidated into 1 new share, effective from June 11, 2025. This move includes a change in the company’s ISIN, reflecting a strategic decision to streamline their share structure, potentially impacting shareholder value and market perception.
More about IDEX Biometrics
IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity. The company’s technologies are built on patented sensor technologies, integrated circuit designs, and software, targeting card-based applications for payments and digital authentication. IDEX partners with leading card manufacturers and technology companies to bring their solutions to market.
Technical Sentiment Signal: Buy
Current Market Cap: $3.21M
Find detailed analytics on IDXAD stock on TipRanks’ Stock Analysis page.