05.26.15
At ASSA ABLOY AB’s Annual General Meeting on May 7, 2015 it was resolved to increase the number of shares in the company by dividing each share, irrespective of series, into three shares of the same series (stock split 3:1). The Board of Directors was authorized to determine the record date for the stock split.
The Board of Directors has now determined that the record date for the stock split will be June 3, 2015, which means that the last day for trading in the share prior to the split is June 1, 2015 and the first day for trading with the split shares is June 2, 2015.
The split will be carried out automatically by Euroclear and shareholders do not need take any actions. After the split, the number of shares in the company will amount to 1,112,576,334, of which 57,525,969 are of Series A and 1,055,050,365 are of Series B.
The Board of Directors has now determined that the record date for the stock split will be June 3, 2015, which means that the last day for trading in the share prior to the split is June 1, 2015 and the first day for trading with the split shares is June 2, 2015.
The split will be carried out automatically by Euroclear and shareholders do not need take any actions. After the split, the number of shares in the company will amount to 1,112,576,334, of which 57,525,969 are of Series A and 1,055,050,365 are of Series B.