Atos: stock adjusted for Worldline share attribution
(CercleFinance.com) - The Atos share, which closed at 93.
2 euros on 2 May in Paris, is currently trading around 69 euros today, following a mechanical adjustment relating to the distribution of 23.5% of Worldline's capital.
As a result, as of yesterday, Atos shareholders, will see the addition of shares the electronic payments specialist Worldline shares on their shareholdings.
For the record, Atos announced this exceptional distribution in kind when it unveiled its annual results on 21 February, which was then approved by the AGM. The aim was, according to Atos CEO Thierry Breton, to create two listed world-class 'pure players' that benefit from increased financial and strategic flexibility.
After the deal, Atos will hold approximately 27% of Worldline's capital, and remains the group's largest shareholder. Worldline, which has close to 50% of its capital as float, will be deconsolidated from the group's accounts.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
2 euros on 2 May in Paris, is currently trading around 69 euros today, following a mechanical adjustment relating to the distribution of 23.5% of Worldline's capital.
As a result, as of yesterday, Atos shareholders, will see the addition of shares the electronic payments specialist Worldline shares on their shareholdings.
For the record, Atos announced this exceptional distribution in kind when it unveiled its annual results on 21 February, which was then approved by the AGM. The aim was, according to Atos CEO Thierry Breton, to create two listed world-class 'pure players' that benefit from increased financial and strategic flexibility.
After the deal, Atos will hold approximately 27% of Worldline's capital, and remains the group's largest shareholder. Worldline, which has close to 50% of its capital as float, will be deconsolidated from the group's accounts.
Copyright (c) 2019 CercleFinance.com. All rights reserved.