StockNews.AI
IDBA
StockNews.AI
130 days

IDEX Biometrics ASA: Key information relating to share consolidation and change of ISIN

1. IDEX approved share consolidation at a 100:1 ratio on April 11, 2025. 2. New ISIN for shares changes from NO0013107490 to NO0013536078. 3. Last day to include old shares is June 10, 2025. 4. Share consolidation aims to enhance market attractiveness and liquidity.

4m saved
Insight
Article

FAQ

Why Bullish?

Share consolidation often indicates management's confidence in future growth, reminiscent of other tech consolidations which boosted stock prices. Historically, stocks have seen gains post-consolidation due to improved perception and liquidity.

How important is it?

The consolidation suggests a strategic move for better stock management, indicating potential for shareholder value increase. This is crucial as it aligns with IDBA's long-term strategy for growth and enhanced market presence.

Why Short Term?

Immediate impact expected from share consolidation, with potential longer-term benefits dependent on company performance. Market reactions to share consolidations tend to be swift and visible within weeks.

Related Companies

IDEXVISAMA
April 11, 2025 10:50 ET  | Source: IDEX BIOMETRICS ASA Reference is made to the Extraordinary General Meeting in IDEX Biometrics ASA ("IDEX" or the "Company") on 11 April 2025, where all proposed resolutions were approved. Key information relating to the approved share consolidation:  Date on which the terms and conditions of the share consolidation was made public: 11 April 2025; Share consolidation ratio: 100 old shares give 1 new share; Last day including right: 10 June 2025; Ex-date: 11 June 2025; Record date: 12 June 2025; and Date of approval: 11 April 2025 In connection with the share consolidation, the Company's shares will be transferred to a new ISIN. Please find below the following key information for the change of ISIN: Issuer: IDEX Biometrics ASA Old ISIN: NO0013107490 New ISIN: NO0013536078 Date of ISIN change: 11 June 2025. For further information contact: Marianne Bøe, Head of Investor Relations, Tel: +47 91800186 Kristian Flaten, CFO, Tel: +47 95092322 E-mail: ir@idexbiometrics.com About IDEX Biometrics: IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com About this notice: This notice was published by Kristian Flaten, CFO in IDEX Biometrics ASA, on 11 April 2025 at 16:50 CET on behalf of IDEX Biometrics ASA.  This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12 and Euronext Oslo Børs rule book.

Related News