Flexible Electronics News

Record Date for ASSA ABLOY Stock Split Determined

Company is initiating a 3 to 1 stock split.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

 At ASSA ABLOY AB’s Annual General Meeting on May 7, 2015 it was resolved to increase the number of shares in the company by dividing each share, irrespective of series, into three shares of the same series (stock split 3:1). The Board of Directors was authorized to determine the record date for the stock split.   The Board of Directors has now determined that the record date for the stock split will be June 3, 2015, which means that the last day for trading in the share prior to the split is ...

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