Brenmiller Energy undergoes a 5 for 1 reverse stock split to boost shareholder value

From Financial Modeling Prep: 2025-06-20 13:06:00

Brenmiller Energy Ltd. (NASDAQ:BNRG) implements a 5 for 1 reverse stock split on June 20, 2025, to boost shareholder value and align with business goals in the Thermal Energy Storage sector.

CEO Avi Brenmiller assures that the split protects shareholder interests as the company approaches key milestones, reducing outstanding ordinary shares from 13.6 million to 2.7 million.

BNRG’s stock, trading at $0.49 on Nasdaq, shows a 5.83% increase from previous levels, with fluctuations between $0.47 and $0.545. Market capitalization is around $5.45 million, with a trading volume of 878,557 shares, reflecting the company’s focus on core objectives and market position enhancement.



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