KMD Brands Announces Share Consolidation
Key points
- KMD Brands to consolidate shares at a 1 for 25 ratio
- Effective date set for July 1, 2026
- New share count to be approximately 71.98 million
Full summary
KMD Brands Limited (NZX/ASX: KMD) announced a 1 for 25 share consolidation effective July 1, 2026. This consolidation aims to streamline the company's share structure, reducing the total number of shares from 1.8 billion to approximately 71.98 million. Trading in pre-consolidation shares will end on June 29, 2026, with trading in post-consolidation shares beginning on July 2, 2026, on the NZX and July 3, 2026, on the ASX. Shareholders will be notified of their new shareholding by July 3, 2026.
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