Dividends & Buybacks · GlobeNewswire

JBDI announces 1-for-2 reverse stock split effective June 25

JBDIJBDI Holdings Ltd

JBDI Holdings Limited announced a share consolidation (reverse stock split) of its Ordinary Shares at a ratio of 1-for-2. The transaction is expected to be effective on or about June 25, 2026, for holders of record as of the close of business that day. The total issued and outstanding shares will decrease from 19,029,064 (plus treasury shares) to approximately 9,514,532 Ordinary Shares (plus treasury shares). No fractional shares will be issued; any fractions are rounded up to the next whole share. The par value increases from $0.0005 to $0.001 per share. JBDI Holdings Limited is a leading provider of environmentally friendly products and services, specializing in the revitalization, reconditioning, and recycling of drums and related containers in Singapore and across Southeast Asia.