What is the new total share count for KMD Brands?

KMD Brands (ASX:KMD) will reduce its total ordinary shares on issue from 1,799,415,022 to approximately 71,976,601 shares. The reduction will occur through a 1-for-25 share consolidation designed to rationalise the number of shares currently on issue.

Why is KMD Brands consolidating its shares?

KMD Brands (ASX:KMD) is executing the share consolidation to rationalise its shares on issue as part of an ongoing business review and corporate renewal strategy. The company stated that these structural changes follow an earlier announcement made in May regarding its Next Level strategy.

Who is joining the KMD Brands board of directors?

Corporate lawyer John Strowger will join the KMD Brands (ASX:KMD) board as a non-executive director on July 1 2026. Strowger, who currently serves as the chairman of Skellerup Holdings, will replace long-serving director David Kirk.

What is the timeline for the KMD Brands share consolidation?

The final day of trading pre-consolidation shares for KMD Brands (ASX:KMD) on the ASX and NZX is Monday, June 29 2026. Trading will commence on a post-consolidation basis under temporary tickers on Tuesday, June 30 2026.

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KMD Brands announces 1-for-25 share consolidation

Written by Liezl GambePublished Jun 23, 2026, 10:44 PM

Outdoor retailer KMD Brands will reduce its total shares on issue from 1,799,415,022 to approximately 71,976,601.
The immediate market impact saw the company's share price close down 4.41% at $0.065 on the ASX.
The structural changes come as the business executes its ongoing business review and corporate renewal strategy.

KMD Brands (ASX:KMD) will execute a 1-for-25 share consolidation to reduce its total shares to approximately 72 million.

The corporate restructuring follows a prior company announcement in May regarding an ongoing business review and board refresh strategy.

Corporate lawyer John Strowger will join the board as a non-executive director on July 1 to replace David Kirk.

The company stated that the final day for trading pre-consolidation shares on the ASX and NZX is June 29.

Following the announcement, the KMD Brands share price was down at $0.065.

Incoming director Strowger currently serves as the chairman of Skellerup Holdings and was formerly a partner at Chapman Tripp.

The share consolidation will automatically round all fractional entitlements to the nearest whole number of shares.