Uni-Fuels Announces Share Consolidation Effective November 3, 2026
News related to:Uni-Fuels Holdings Limited · 1 min read
SINGAPORE, Oct. 29, 2026 /CourierPR/ -- Uni-Fuels Holdings Limited, a global provider of marine fuel solutions, is set to undergo a significant corporate restructuring. On November 3, 2026, the company will implement a share consolidation, reducing the number of its Class A and Class B ordinary shares. This move is part of Uni-Fuels' ongoing efforts to streamline its corporate structure and enhance shareholder value.
According to the press release, the share consolidation will take place at a ratio of 1-for-10. This means that for every 10 shares of Class A or Class B ordinary shares, shareholders will receive one share. The company’s Class A ordinary shares, which currently number 9,815,000, and Class B ordinary shares, totaling 22,650,000, will be consolidated. After the consolidation, approximately 981,500 Class A ordinary shares and 2,265,000 Class B ordinary shares will remain outstanding.
Uni-Fuels Holdings Limited is authorized to issue a total of 500,000,000 shares, divided into two classes: 450,000,000 Class A ordinary shares and 50,000,000 Class B ordinary shares. Each share has a par value of US$0.001. The company’s Class A ordinary shares will continue to be traded on The Nasdaq Stock Market under the symbol “UFG” with the new CUSIP number G92Y4F134.
Established in 2021, Uni-Fuels Holdings Limited has become a fast-growing global provider of marine fuel solutions. The company operates across major shipping hubs, including Singapore, Seoul, Dubai, Shanghai, Limassol, and Bangkok. With a focus on delivering customer-centric, compliant, and reliable fuel solutions, Uni-Fuels supports its customers in achieving their operational objectives and decarbonization goals amid the maritime industry’s ongoing energy transformation.
The press release also includes a cautionary note regarding forward-looking statements. These statements are based on various assumptions and are not predictions of actual performance. Actual results may differ materially from those implied by these forward-looking statements due to various risks and uncertainties. Uni-Fuels Holdings Limited anticipates that subsequent events and developments will cause its assessments to change, but it specifically disclaims any obligation to update these forward-looking statements.