10:23 AM EDT, 07/23/2024 (MT Newswires) -- Evogene ( EVGN ) said Tuesday that a 1-for-10 reverse stock split of its issued and outstanding ordinary shares is set to be implemented after market close on Wednesday.

The company said the move was approved by its shareholders at its annual meeting on June 13.

Shares of Evogene ( EVGN ) fell 9.8% in recent trading.

Price: 0.56, Change: -0.06, Percent Change: -9.78