04:37 PM EDT, 06/10/2025 (MT Newswires) -- Tilray Brands ( TLRY ) said Tuesday its shareholders have approved a reverse stock split of its shares at a ratio between 1-to-10 and 1-to-20.

The company said it is pausing implementation of the reverse stock split "while further exploring all options related to timing of the reverse split as it evaluates timing and stock price."

The company's shares were down fractionally in after-hours trading.