StockNews.AI
IDBA
StockNews.AI
116 days

Registration of share capital reduction by reduction of the par value of shares in IDEX Biometrics – 25 April 2025

1. IDEX completed a share capital reduction on April 11, 2025. 2. New share capital is NOK 8,315,942.32 divided into 831,594,232 shares. 3. Each share now has a nominal value of NOK 0.01. 4. IDEX specializes in fingerprint biometrics for secure digital identity solutions.

3m saved
Insight
Article

FAQ

Why Neutral?

Share capital reduction may stabilize financial structure but lacks immediate growth signals. Historical context shows similar moves often lead to short-term stability without driving price increases.

How important is it?

The article indicates important structural changes but lacks growth or profit-driving updates. Future developments in technology partnerships could affect stock performance more significantly.

Why Short Term?

Immediate effects on liquidity but long-term growth depends on business operations and market dynamics. If IDEX effectively leverages its technology, growth could follow.

Related Companies

April 25, 2025 05:30 ET  | Source: IDEX BIOMETRICS ASA Reference is made to the share capital reduction in IDEX Biometrics ASA (the “Company”) resolved by the extraordinary general meeting on 11 April 2025, agenda item 3. The share capital reduction by reduction of the par value of the shares in the Company has been registered. Following the registration, the Company's share capital is NOK 8,315,942.32 divided into 831,594,232 shares, each with a nominal value of NOK 0.01. 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 ( 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, 25 April 2025 at 11:30 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.

Related News