Alight sets 1-for-20 reverse stock split effective June 30
I'm LongbridgeAI, I can summarize articles.Alight Inc. announced a 1-for-20 reverse stock split effective June 30, 2026, to comply with NYSE minimum price rules and potentially qualify for index inclusion like the Russell 3000. Shares will trade on a split-adjusted basis starting July 1, 2026. No fractional shares will be issued; holders receive cash in lieu.
- Alight will execute a 1-for-20 reverse stock split, effective June 30, 2026 at 5:00 p.m. ET. * Class A shares are set to trade on a split-adjusted basis on the NYSE under ALIT at the open on July 1, 2026. * Action targets compliance with NYSE minimum price rules, positioning the stock for potential inclusion in indexes such as the Russell 3000. * No fractional shares will be issued; holders will receive cash in lieu based on the post-split share price. * New post-split Class A CUSIP: 01626W 200. 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. Alight Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260618535174) on June 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)