QVC Group announces 1-for-50 reverse stock split

ENGLEWOOD, Colo. - QVC Group, Inc. (NASDAQ: QVCGA, QVCGB, QVCGP) has declared a 1-for-50 reverse stock split for its Series A and Series B common stock, effective at the close of business on May 22, 2025. The decision, ratified by stockholders at the annual meeting on May 12, 2025, is aimed at ensuring compliance with Nasdaq’s minimum bid price requirement. Following the split, trading on a split-adjusted basis will resume on May 23, 2025. According to InvestingPro data, the stock currently trades at $0.12, near its 52-week low, with a market capitalization of $99.22 million. Despite recent challenges, analysis suggests the stock may be undervalued at current levels.

The reverse stock split will maintain the par value of $0.01 per share for both QVCGA and QVCGB, while the total number of issued and outstanding shares will be reduced to approximately 7,886,436 and 182,294, respectively, subject to cash payment in lieu of fractional shares. The total authorized shares will remain unchanged. The company maintains solid fundamentals with annual revenue of $9.8 billion and a healthy current ratio of 1.66, indicating strong ability to meet short-term obligations.

In anticipation that QVCGB will not meet Nasdaq’s continued listing requirements post-split, the Board has approved a voluntary delisting from Nasdaq and transition to the OTCQB Venture Market, managed by OTC Markets Group, Inc. The company has notified Nasdaq of its intent to delist QVCGB and plans to file the necessary Form 25 Notification of Delisting around May 27, 2025. The transition is subject to customary conditions and regulatory approvals.

Broadridge Corporate Issuer Solutions will serve as the exchange agent for the reverse stock split. Shareholders holding shares in record form should contact Broadridge for inquiries, while those holding shares in street name should consult their brokers.

This move is part of QVC Group’s strategic efforts to meet market requirements and maintain its listing status. The company cautions that this press release contains forward-looking statements subject to various risks and uncertainties, and actual results may differ materially. Shareholders and investors are advised to refer to QVC Group’s public filings for a more comprehensive understanding of the risks involved.

The information for this article is based on a press release statement from QVC Group, Inc.

In other recent news, QVC Group Inc. reported a challenging first quarter in 2025, with total revenue declining by 10%. The company’s earnings call highlighted a steep decline in customer count and revenue across segments, including QXH and QVC International. Despite these challenges, QVC is investing in strategic partnerships, such as those with TikTok and American Airlines, and digital innovations to bolster its market position. The company reported a high net debt of $4.7 billion, with a leverage ratio of 3.7x, and is considering a reverse stock split to maintain its NASDAQ listing. Analysts have noted these developments, but there were no specific upgrades or downgrades mentioned in the reports. Additionally, QVC is focusing on strengthening its capital structure and exploring financial and strategic alternatives amid ongoing market volatility. The company is also navigating the impact of tariffs and is actively diversifying its sourcing strategies.

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