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POSCO-Thainox shareholders approved 10-for-1 reverse stock split proposal

PUBT·04/29/2026 08:28:43
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POSCO-Thainox shareholders approved 10-for-1 reverse stock split proposal
  • POSCO-Thainox shareholders met April 24, 2026.
  • Minutes of April 23, 2025 annual meeting were adopted.
  • Audited financial statements for fiscal 2025 were approved.
  • Shareholders endorsed board proposal to skip legal reserve allocation, dividend payment for 2025.
  • Reverse stock split was authorized, shifting par value to THB 10 per share from THB 1, cutting share count to 779,570,910 from 7,795,709,100; company set cash compensation for discarded fractional shares based on 7-day weighted average market price prior to par-value registration.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. POSCO-Thainox pcl published the original content used to generate this news brief on April 29, 2026, and is solely responsible for the information contained therein.