PUMA’s management has decided to initiate the stock split to make the shares more accessible to retail investors in order to further diversify its shareholder base. Sports company PUMA has set June 10 as the date for its 1:10 share split, following approval by the company’s shareholders and regulatory clearance.Starting June 10, each existing shareholder will therefore receive nine additional shares for each share they already own. A stock split is a corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares. The agenda of the General Meeting 2019 including the resolution proposals of the Management Board and the Supervisory Board is expected to be published in the Federal Gazette on 11. PUMA SE plans share split at a ratio of 1:10 after preceding increase of the share capital from company funds The Supervisory Board and the Management Board of PUMA SE decided today to propose to the General Meeting on 18 April 2019 the resolution on a capital increase from company funds by EUR 112,213,532.16 to EUR 150,824,640.00 without the issuance of new shares (section 207(2)(2) Stock Corporation Act) as well as a subsequent amendment of the Articles of Association to re-divide the share capital at a ratio of 1 to 10 (share split).Neither the capital increase from company funds nor the share split will result in any changes in the ownership structure of the shareholders in the Company. Quotes for PUMA Stock Price 66.59 EUR. Contact
If the proposed resolutions are accepted by the General Meeting and the amendments to the Articles of Association is registered in the commercial register, each existing share will automatically be exchanged for 10 new shares. 2019 was an exciting year for us as a sports brand and for our business. View daily, weekly or … Annual Report 2019
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PUMA’s management has decided to initiate the stock split to make the shares more accessible to retail investors in order to further diversify its shareholder base. PUMA SE plans share split at a ratio of 1:10 after preceding increase of the share capital from company funds . Discover historical prices for PUM.DE stock on Yahoo Finance. March 2019. Puma SE ls engaged in footwear, apparel, and accessories business under the Puma and Cobra Golf brand names. Find the latest PUMA SE (PMMAF) stock quote, history, news and other vital information to help you with your stock trading and investing.
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Annual Report 2019 Day's Range 66.10 - 67.28 Trade Time 03:59PM 52-week Range 40.14 - 83.95 Trade Date 07/28/2020 52-week Perf. Footwear is the company's leading category.
The relevant changes to the articles of association were registered with the local court (Amtsgericht) in Fürth on May 23, 2019. The Supervisory Board and the Management Board of PUMA SE decided today to propose to the General Meeting on 18 April 2019 the resolution on a capital increase from company funds by EUR 112,213,532.16 to EUR 150,824,640.00 without the issuance of new shares (section 207(2)(2) Stock Corporation Act) as well as a subsequent amendment of the Articles of Association to re-divide the … Contact
The Supervisory Board and the Management Board of PUMA SE decided today to propose to the General Meeting on 18 April 2019 the resolution on a capital increase from company funds by EUR 112,213,532.16 to EUR 150,824,640.00 without the issuance of new shares (section 207(2)(2) Stock … As a result of the increase in the number of shares of the Company by a factor of 10, their stock market price is expected to decrease accordingly.
It is expected that the price per share will adjust accordingly. 2019 was an exciting year for us as a sports brand and for our business.