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Unilever to Implement Share Consolidation Following Magnum Demerger

MT Newswires·12/08/2025 23:18:38
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11:18 PM EST, 12/08/2025 (MT Newswires) -- Unilever (ULVR.L, UNA.AS) said Monday that the consolidation of its issued share capital, linked to the recent demerger of its The Magnum Ice Cream Co. (MICC.AS, MICC.L) subsidiary, is expected to take effect on Tuesday. Under the plan, shareholders will receive eight new Unilever shares for every nine existing shares. The consolidated shares are scheduled to start trading on the London stock exchange and Euronext Amsterdam on Tuesday. Unilever completed its demerger of Magnum Ice Cream on Dec. 6.