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IDEX Biometrics Approves Share Capital Changes at Extraordinary Meeting

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IDEX Biometrics Approves Share Capital Changes at Extraordinary Meeting

IDEX Biometrics ( (IDXAD) ) has shared an update.

IDEX Biometrics ASA held an extraordinary general meeting where all proposed resolutions were passed, including a share capital reduction and share consolidation. The consolidation, converting one hundred shares into one, is set to take effect around June 11, 2025, impacting the company’s share capital structure and potentially influencing its market operations.

More about IDEX Biometrics

IDEX Biometrics ASA is a global leader in fingerprint biometrics technology, providing authentication solutions for payments, access control, and digital identity. The company focuses on delivering convenience, security, and seamless user experiences through its patented sensor technologies, integrated circuit designs, and software. IDEX partners with leading card manufacturers and technology firms to market its solutions.

Technical Sentiment Signal: Buy

Current Market Cap: $3.21M

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

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