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Dassault Aviation: stock split on 1 October

(CercleFinance.com) - Dassault Aviation confirms that the 10-for-1 stock split, which was approved at its EGM on 11 May, will be effective on 1 October.


The number of shares in issue will therefore increase tenfold.

As the market opens this Friday, in exchange for each of their current shares, each shareholder will receive 10 new shares with a value divided by 10. The new ISIN code for Dassault Aviation shares will then be FR0014004L86.

The aircraft manufacturer explains that this stock split "will align the value of the Dassault Aviation share with the ones of the other companies in its sector, to increase the share's liquidity and to promote its accessibility to individual shareholders".


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