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Mondi PLC's Share Consolidation Plan
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Mondi PLC, a packaging firm, confirms the effectiveness of its share consolidation plan following shareholder approval, with plans to return EUR775 million in a special dividend. The share consolation will result in shareholders receiving 10 new shares for every 11 existing shares held.
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How does the share consolidation plan reflect broader trends in the packaging industry?
How might the share consolation impact the distribution of voting rights within the company?
What factors could influence the effectiveness of Mondi PLC's share consolidation plan?
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