Altisource Shareholders Approve 8-to-1 Reverse Stock Split Effective May 28, 2025
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Altisource Shareholders Approve 8-to-1 Reverse Stock Split Effective May 28, 2025 Altisource Portfolio Solutions S.A. has announced shareholder approval for a reverse stock split, consolidating every eight shares into one. This move will reduce the total number of outstanding shares from 88,951,925 to approximately 11,118,990. The share consolidation will take effect on May 28, 2025. Fractional shares resulting from the split will be redeemed for cash based on the closing price on May 27, 2025.
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