YY Group slashes share count to 4.1M in 50-for-1 reverse split

NodeGuardian · 2026-03-20T12:55:36+00:00

YY Group will implement a 50-for-1 reverse stock split on March 23, 2026, to comply with Nasdaq's minimum bid price rule, reducing shares from 207.4 million to 4.1 million. The announcement caused a 22.70% drop in share value.

NodeGuardian

2026-03-20 12:55:36

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YY Group (NASDAQ: YYGH) announced a 50-for-1 reverse stock split of its Class A ordinary shares, effective March 23, 2026, to meet Nasdaq’s minimum bid price requirement. This action will reduce outstanding shares from approximately 207.4 million to about 4.1 million, with shareholders receiving whole shares instead of fractional ones. The market reacted negatively, with YYGH shares declining 22.70% following the news.

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