XXL ASA (GB:0R3P) has released an update.
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XXL ASA, a leading Nordic sports retailer, has completed a share capital increase registered with the Norwegian Register of Business Enterprises, resulting in 71 new shares to facilitate a reverse share split. The share capital now stands at NOK 985,429,800, divided into over 2.46 billion shares. This move is in line with XXL’s strategy to enhance its one-stop shop experience and maintain its position as the largest sports retailer in the Nordics.
For further insights into GB:0R3P stock, check out TipRanks’ Stock Analysis page.
