Dividends & Buybacks ·
Rubico Inc. announces 1-for-25 reverse stock split effective Oct. 30, 2026
RUBIRubico Inc.
Rubico Inc.'s board approved a one-for-twenty-five reverse stock split of its common shares to increase the market price and maintain compliance with Nasdaq listing requirements. The split becomes effective at the opening of trading on October 30, 2026. Outstanding shares will decrease from approximately 13.5 million to roughly 540,694, with fractional shares cashed out based on the closing price on October 29, 2026. Rubico Inc. is a global provider of shipping transportation services specializing in the ownership and operation of vessels.