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Atos launches a reverse stock split
ATOAtmos Energy (ATO) GlobeNewswire·2025-03-07 06:30

Core Viewpoint - Atos SE is implementing a reverse stock split to stabilize share price and reduce volatility, exchanging 10,000 old shares for 1 new share, effective April 24, 2025 [2][3][6]. Summary by Sections Reverse Stock Split Details - The reverse stock split will convert 190,229,952,668 old shares with a par value of €0.0001 into 19,022,995 new shares with a par value of €1.00 [6]. - The exchange period for shareholders to manage fractional shares is from March 25 to April 23, 2025 [6][11]. - After the exchange period, unexchanged old shares will be delisted [7]. Shareholder Impact - A shareholder with 30,000 shares will see their holdings change from 30,000 shares valued at €0.0049 each to 3 shares valued at €49 each, maintaining the total portfolio value of €147 [4]. - Fractional shares must be managed by shareholders to ensure they hold a multiple of 10,000 old shares by the end of the exchange period [6][7]. Trading Information - Old shares will be traded under ISIN code FR0000051732 until April 23, 2025, while new shares will be traded under ISIN code FR001400X2S4 starting April 24, 2025 [9]. - The notice of the reverse stock split will be published in the Bulletin des Annonces Légales Obligatoires on March 10, 2025 [10]. Company Overview - Atos is a global leader in digital transformation with approximately 78,000 employees and annual revenue of around €10 billion [15]. - The company specializes in cybersecurity, cloud services, and high-performance computing, providing tailored solutions across various industries [15].