FRC, SEC Give Nod As Transcorp Completes Share Capital Reconstruction

Transcorp Plc has announced the successful completion of its share reconstruction, a strategic action aimed at maximising long-term shareholders value.

The share reconstruction involved a consolidation of the total number of issued shares at a ratio of 1 to 4, reducing the total issued and fully paid shares of Transcorp Group from 40.6 billion shares to 10.2 billion shares.

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