General Capital Limited Announces Share Consolidation

General Capital (NZX: GEN ) announces a share consolidation of 1 share per 4 shares currently on issue.

The Board of General Capital advises that it has resolved to implement a share consolidation to rationalise the number of ordinary shares on issue.

Every 4 General Capital shares held at 5:00 p.m. on 2 August 2024 will be consolidated into 1 share, with all fractional entitlements rounded to the nearest whole number of shares and a fractional entitlement to half a share being rounded up.

As a result of the consolidation, the number of shares on issue in General Capital will be reduced from 363,574,975 to approximately 90,893,743 shares. The intended timetable for the share consolidation is set out in the attached document.

ENDS

• General Capital Limited Announces Share Consolidation 
• Corporate Action Notice

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

AFT - Chief Financial Officer update
KMD Brands: Response to Stokehouse transaction concept
March 24th Morning Report
MCY - Mercury launches retail Green Bond offer
Fonterra delivers another strong result for HY26
March 23th Morning Report
Devon Funds Morning Note - 18 March 2026
TRA - Turners updates earnings guidance
March 18th Morning Report
MCY - Mercury opens $220m geothermal expansion