GrafTech International Ltd. today announced that its stockholders approved a 1-for-10 reverse stock split at a Special Meeting held virtually on August 14, 2025. The Board of Directors subsequently approved the reverse stock split.
The reverse stock split is scheduled to become effective at 12:01 a.m. Eastern Time on August 29, 2025. The company's common stock will begin trading on the New York Stock Exchange on a reverse split-adjusted basis on the same day under the existing trading symbol 'EAF'.
Under the terms, every ten shares of common stock, whether issued and outstanding or held as treasury stock, will be automatically reclassified into one share. The total number of authorized common shares will be reduced from 3,000,000,000 to 300,000,000, and fractional shares will be rounded up to the next whole share.
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