Dividends & Buybacks ·
Ryde shareholders approve 1-for-150 reverse stock split and increase authorized share capital
RYDERyde Group Ltd
Ryde Group Ltd announced that shareholders approved all proposals at its extraordinary general meeting held on September 29, 2026. Key approvals include an increase in authorized share capital and a reverse stock split of Class A and Class B ordinary shares at a ratio of 1-for-150, effective December 4, 2026. The company also adopted its fourth amended and restated memorandum and articles of association and conditionally adopted the fifth version to take effect upon the split's completion. Ryde Group Ltd operates in the mobility technology sector, providing ride-hailing and transportation network services.