other material
confidence high
sentiment neutral
materiality 0.50
Alight announces 1-for-20 reverse stock split effective June 30, 2026
Alight, Inc. / Delaware
- Reverse stock split ratio 1-for-20; effective 5:00 p.m. ET June 30, 2026; trading on NYSE under ALIT on July 1.
- Stockholders approved the reverse split at the June 10, 2026 annual meeting.
- Action intended to meet NYSE price criteria and enable potential Russell 3000 index inclusion.
- No fractional shares issued; cash in lieu paid; equity awards and LLC units adjusted proportionally.
- Authorized shares of each class and series decreased correspondingly.