other material
confidence high
sentiment neutral
materiality 0.60
FuboTV approves 1-for-12 reverse stock split effective March 23, 2026
FuboTV Inc.
- Class A shares reduced from ~353.2M to ~29.4M; Class B from ~947.9M to ~79.0M.
- Split effective 5:00 p.m. ET March 23; trading begins on split-adjusted basis March 24 under FUBO.
- No fractional shares; cash payment based on closing price on March 23.
- Purpose: align share count with company size and improve marketability, especially among institutional investors.
- Hulu, LLC previously delivered written consent approving the split.