Altisource Shareholders Approve 8-to-1 Reverse Stock Split Effective May 28, 2025

Reuters

May 14

Altisource Shareholders Approve 8-to-1 Reverse Stock Split Effective May 28, 2025

Altisource Portfolio Solutions S.A. has announced shareholder approval for a reverse stock split, consolidating every eight shares into one. This move will reduce the total number of outstanding shares from 88,951,925 to approximately 11,118,990. The share consolidation will take effect on May 28, 2025. Fractional shares resulting from the split will be redeemed for cash based on the closing price on May 27, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altisource Portfolio Solutions SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001462418-25-000080), on May 13, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This move will reduce the total number of outstanding shares from 88,951,925 to approximately 11,118,990. The share consolidation will take effect on May 28, 2025. Fractional shares resulting from the split will be redeemed for cash based on the closing price on May 27, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altisource Portfolio Solutions SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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ID: 0001462418-25-000080), on May 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4079","symbol_name":"房地产服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250513:nNDL9yjKd6:1","article_id":"2535816704","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535816704","pubTimestamp":1747153086,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Altisource Portfolio Solutions S.A. has announced shareholder approval for a reverse stock split, consolidating every eight shares into one. This move will reduce the total number of outstanding shares from 88,951,925 to approximately 11,118,990. The share consolidation will take effect on May 28, 2025. Fractional shares resulting from the split will be redeemed for cash based on the closing price on May 27, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altisource Portfolio Solutions SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 13, 2025, and is solely responsible for the ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4079":"房地产服务","ASPS":"Altisource Portfolio Solutions S"},"translate_title":"Altisource股东批准8比1反向股票分割，于2025年5月28日生效","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASPS":0.9},"content_text":"Altisource Shareholders Approve 8-to-1 Reverse Stock Split Effective May 28, 2025\n    \n\nAltisource Portfolio Solutions S.A. has announced shareholder approval for a reverse stock split, consolidating every eight shares into one. This move will reduce the total number of outstanding shares from 88,951,925 to approximately 11,118,990. The share consolidation will take effect on May 28, 2025. Fractional shares resulting from the split will be redeemed for cash based on the closing price on May 27, 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altisource Portfolio Solutions SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001462418-25-000080), on May 13, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}