Thomson Resources Ltd (AU:TMZ) has released an update.
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Thomson Resources Ltd (ASX: TMZ) has successfully completed a share consolidation, converting every twelve fully paid ordinary shares into one, reducing the total shares from 976.2 million to 81.3 million. The consolidation, approved at the recent Annual General Meeting, also adjusted the number of options and performance rights accordingly. This strategic move aims to streamline the company’s capital structure and potentially enhance shareholder value.
For further insights into AU:TMZ stock, check out TipRanks’ Stock Analysis page.