Artgo Holdings slashes share count by 90% through 1-for-10 consolidation

Bulletin Express
Jul 02

Artgo Holdings Limited announced a substantial reduction in its share capital following the completion of a 1-for-10 share consolidation that took effect on 2 July 2026.

The transaction converted every ten existing ordinary shares into one consolidated share, cutting the company’s issued share base from 1.42 billion to 142.21 million shares. The adjustment represents a 90% decrease, equal to 1.28 billion shares, with no treasury shares involved.

Artgo reported no share repurchases, redemptions, or on-market sales of treasury stock in the period. The consolidation was previously outlined in the company’s announcement dated 15 May 2026 and detailed in a circular issued on 5 June 2026.

The board has confirmed that the restructuring complied with all applicable Hong Kong Stock Exchange listing rules and regulatory requirements, and that all necessary approvals and filings have been completed.

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