EDMONTON – Aurora Cannabis Inc. has announced a plan to consolidate its shares on a one-for-10 basis.<\/p>\n
The company says it expects the move will restore compliance with Nasdaq listing rules and ensure the company continues to have access to a wide range of institutional investors.<\/p>\n
The plan, which is subject to regulatory and stock exchange approvals, is expected to be effective on or about Feb. 20.<\/p>\n
Aurora shares closed down a penny at 53 cents in trading on the Toronto Stock Exchange on Tuesday.<\/p>\n
The decision comes after the company consolidated its shares on a one-for-12 basis in 2020.<\/p>\n
Aurora currently has 475,903,822 common shares outstanding.<\/p>\n
This report by The Canadian Press was first published Jan. 31, 2024.<\/span><\/em><\/p>\n Companies in this story: (TSX:ACB)<\/span><\/em><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" EDMONTON – Aurora Cannabis Inc. has announced a plan to consolidate its shares on a one-for-10 basis. The company says it expects the move will restore compliance with Nasdaq listing rules and ensure the company continues to have access to a wide range of institutional investors. The plan, which is subject to regulatory and stock […]<\/p>\n","protected":false},"author":362,"featured_media":716,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"guid":"","source":"The Canadian Press","byline":"The Canadian Press","published":"2024-01-31T06:01:23","updated":"","_infotelid":"IT102962","_prepressid":"102962","_multisite_post_sync":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[379,2,391,381],"tags":[],"region":[309,310,311,312],"class_list":["post-717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured3","category-in420","category-nonit","category-topnews","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":[],"jetpack_featured_media_url":"https:\/\/staging.infonews.ca\/in420\/wp-content\/uploads\/sites\/3\/MediaItemID102962-8379.jpg","post_modified":"2025-05-21T09:36:25","post_modified_gmt":"2025-05-21T16:36:25","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/posts\/717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/users\/362"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/comments?post=717"}],"version-history":[{"count":2,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/posts\/717\/revisions"}],"predecessor-version":[{"id":3325,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/posts\/717\/revisions\/3325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/media\/716"}],"wp:attachment":[{"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/media?parent=717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/categories?post=717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/tags?post=717"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/region?post=717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}