Aurora initiates share consolidation plan, aiming to decrease outstanding common shares from 475,903,822 to 47,590,382. The move, subject to regulatory approvals, seeks to enhance financial discipline without compromising growth goals. The company anticipates positive earnings and free cash flow in fiscal 2024. Aurora’s proactive compliance efforts set an encouraging precedent for industry peers.
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Written by: Rita Ferreira
Published on February 13, 2024 at 07:31AM
Source: The Marijuana Index (opens in new tab)