Kumulus Vape: Capital Reduction via Share Cancellation
Kumulus Vape announces a capital reduction by canceling 2,000 treasury shares, effective June 16, 2026.
June 16, 2026
1 min read
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Source: financialcontent.com
Image: financialcontent.com
Kumulus Vape, a French company specializing in e-cigarette products, has announced a capital reduction through the cancellation of 2,000 treasury shares. The decision was made by the board of directors and is effective as of June 16, 2026.
The cancellation reduces the company's share capital from β¬1,200,000 to β¬1,180,000, as per the official filing with the French financial markets authority. The shares were originally repurchased as part of a liquidity agreement.
This move aims to optimize the company's capital structure and potentially increase earnings per share for remaining shareholders. Kumulus Vape is listed on Euronext Growth Paris under the ticker ALVAP.
β Frequently Asked Questions
What is the purpose of Kumulus Vape's capital reduction?
The capital reduction aims to optimize the company's capital structure by canceling treasury shares, which may increase earnings per share for remaining shareholders.
How many shares are being canceled?
Kumulus Vape is canceling 2,000 treasury shares, reducing its share capital from β¬1,200,000 to β¬1,180,000.
When is the capital reduction effective?
The capital reduction is effective as of June 16, 2026, as announced by the company.
