TL;DR:
- Capital B approves a 10-for-1 reverse stock split that will reduce its outstanding shares from 300,650,632 to 30,065,063.
- The consolidation period will run from August 6 to September 7, 2026, with trading of the new shares beginning on September 8.
- The company completed a capitalization of over 12 million euros in share premium to raise the nominal value to 0.80 euros per consolidated share.
French Bitcoin treasury company Capital B approved a 10-for-1 reverse stock split to drive its institutional development. Capital B‘s board of directors ratified the measure last Friday, following authorization at the annual meeting that same day. The firm’s management indicated that the operation aims to consolidate the capital structure without altering the total value of investors’ positions.
Under this scheme, every 10 existing ordinary shares will be exchanged for one new share. To finalize the process, the company raised the nominal value of the shares from 0.04 to 0.08 euros through the capitalization of over 12 million euros in share premium. Official data indicates that this adjustment allows compliance with French law once the exchange is finalized, bringing the new nominal value to 0.80 euros per share.
Exchange Schedule and Trading on Euronext Growth Paris
The operational timeline for the share consolidation will run from August 6 to September 7, 2026. The firm’s team confirmed that September 7 will be the final trading day for current shares on the Euronext Growth Paris exchange.
The new shares will begin trading on September 8 under a new ISIN code. Settlement and delivery of the consolidated shares are scheduled for September 10, based on positions recorded at the close of September 9.
Shareholders whose share counts are not multiples of 10 will have until September 7 to adjust their holdings in the market. If no adjustment is made, the company will distribute cash compensation starting September 14 through financial intermediaries. These entities will sell the shares corresponding to the aggregated fractions to distribute the proceeds proportionally.
Corporate records prior to the transaction reveal that the company had 300,650,632 eligible ordinary shares. With the execution of the measure, the total will be reduced to 30,065,063 shares. The company also held 86,400 treasury shares, waiving the consolidation of two of them to ensure an exact division that preserves the intended exchange ratio.
The start of trading for the new shares under the new capital structure on September 8, 2026, will mark the formal completion of the process.
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