Allurion Technologies approves 15-for-1 reverse stock split effective June 17, 2026
Allurion Technologies amended its certificate of incorporation to implement a 15-for-1 reverse stock split of its common stock, automatically converting every 15 shares into one share. The reverse split is a common corporate action typically used to increase stock price per share and improve market perception.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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