(AOF) – The company Buy-Louer.fr announces that its management board has decided to carry out a reduction in share capital by clearing part of the company’s losses over the period from January 1, 2023 to June 30 2023, for an amount of 278.234 million euros. This capital reduction motivated by losses is carried out by reducing the par value of the company’s shares, thus reduced from 0.12 euros to 0.0141 euros.
It will facilitate conversions by holders of securities giving access to capital penalized by recent changes in the stock price and the carrying out of any new financial transaction which may prove appropriate in the future.
Buy-Louer.fr points out that this is a purely technical operation. The amount of the capital reduction will be allocated to an unavailable reserve account, and the amount of equity will not be impacted.
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