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Fitell Corporation Announces Share Consolidation
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Why This Matters
Fitell Corporation announced a share consolidation of its outstanding Class A and B ordinary shares, with a 1-for-8 and 1-for-2 ratio respectively, effective January 8, 2026.
Market Impact
Market impact analysis based on neutral sentiment with 90% confidence.
Sentiment
Neutral
AI Confidence
90%
Time Horizon
Short Term
Article Context
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TAREN POINT, Australia, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Fitell Corporation (Nasdaq: FTEL) (the “Company”), today announced that it will effect a share consolidation of (i) its outstanding Class A ordinary shares, par value of $0.0016 per share, at a ratio of 1-for-8, with a post-share consolidation par value of $0.0128, and (ii) its outstanding Class B ordinary shares, par value of $0.0016, at a ratio of 1-for-2, with a post-share consolidation par value of $0.0032, effective on January 8, 202
Original article published by
Unknown
on January 6, 2026.
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