Axel Springer AG implements share split on 8 June 2011




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01.06.11

Axel Springer AG implements share split on 8 June 2011

To press release overview

Axel Springer AG will implement the 3-for-1 share split agreed at the Annual General Meeting on 14 April 2011 through an adjustment of the stock exchange listing on 8 June 2011. The required amendment to the Articles of Association was entered in the Commercial Register on 31 May 2011. Each no-par value share with a nominal value of EUR 3.00 is thereby split into three no-par value shares with a nominal value of EUR 1.00. Accordingly, the price of the share will mathematically amount to one-third of the previous value following the reorganization of the stock exchange listing.

"With the share split, we want to further increase the trading volume and attractiveness of the shares and thus make them even more interesting for investors", CEO Dr. Mathias Döpfner explained at the Annual General Meeting when the decision was taken.

Press Contact Axel Springer SE: Edda Fels
Tel: +49 30 2591 77600