InvestSMART

KMD Brands Limited (ASX:KMD)

ALERT: Price-sensitive ASX Announcement for KMD
Current share price for KMD : $1.413 1.348 (2,073.08%)+
Announcement
Release
24 Jun 2026 7:30AM
Price at Release
$0.065
Full Release
download
Summary
KMD Brands Limited has announced a share consolidation plan to streamline the number of ordinary shares in circulation. The company will conduct a 1-for-25 share consolidation, reducing the total number of shares from 1,799,415,022 to approximately 71,976,601. This change is intended to rationalize the share structure and is scheduled to take effect on July 1, 2026, with post-consolidation trading on the ASX and NZX to commence shortly thereafter. The share registrar, MUFG Pension & Market Services, will issue new shareholding statements to stakeholders following the consolidation. Approval for the consolidation has been authorized by the KMD Board of Directors.
Key Points
  • KMD Brands to undertake 1 for 25 share consolidation
  • Reduction in shares from 1,799,415,022 to approximately 71,976,601
  • Share consolidation effective from July 1, 2026
  • Post-consolidation trading to commence on ASX and NZX
  • New shareholding statements to be issued by MUFG Pension & Market Services
  • Authorized by KMD Board of Directors
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.