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3E Network announces a 4-for-1 share consolidation to reduce outstanding shares and adjust trading.

Company Fundamentals
28 Oct 2026, 18:55 WIB
GlobeNewsWire
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3E Network announces a 4-for-1 share consolidation to reduce outstanding shares and adjust trading.

3E Network Technology Group Limited approved a further 2-for-1 share consolidation, resulting in a cumulative 4-for-1 consolidation of its Class A and Class B ordinary shares. This means every four shares will be combined into one, increasing the par value per share and reducing the total number of shares outstanding. The consolidation aims to streamline the company's share structure and will take effect on October 30, 2026, with shares trading under the same ticker symbol. No fractional shares will be issued; any fractions will be rounded up.

3E Network Technology Group Limited's share consolidation news comes as 84 of 150 Technology-sector US stocks on Pluang rose while 63 fell. Notable movers include Teradyne, Inc. (TER) at USD 307.51 with a 5.00% decline and a Pluang order activity of 25% Sell / 75% Buy, Micron Technology, Inc. (MU) at USD 969.60 with a 4.40% gain and 76% Sell / 24% Buy order split, and Celestica Inc (CLS) at USD 287.91 with a 4.29% rise and a balanced 52% Sell / 48% Buy activity. This snapshot is as of Oct 28, 2026 21:31 WIB.

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