French retail property giant Klepierre is to complete a 3-for-1 stock split on Monday to bring the par value per share from EUR 4.2 to EUR 1.4. The split will triple the number of Klepierre shares to a total of 138.5 million.
French retail property giant Klepierre is to complete a 3-for-1 stock split on Monday to bring the par value per share from EUR 4.2 to EUR 1.4. The split will triple the number of Klepierre shares to a total of 138.5 million.
The stock split was preceded on 31 August by a capital increase through the capitalization of EUR 9.2 mln in reserves in order to bring the par value per share from EUR 4 to EUR 4.2.
