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Zip targets a cleaner share structure with five-for-one consolidation
8:25am on Friday 16th of October, 2026 AEDT
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Financial Services
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Zip targets a cleaner share structure with five-for-one consolidation
8:25am on Friday 16th of October, 2026 AEDT
Key Points
Five-for-one consolidation subject to shareholder approval
Indicative ordinary shares fall from 1.246 billion to 249.2 million
QuadPay option exercise price would rise from $0.49 to $2.45
Normal trading in consolidated securities expected to begin on 2 December
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Zip Co (ASX:ZIP)
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