Deutsche Börse: Stock Split On June 1 - Ten New Shares For One Old Share

The 10-for-1 stock split that the shareholders of Deutsche Börse approved at their general meeting on May 3 will be carried out on June 1. This will increase the number of Deutsche Börse AG shares tenfold, as the company reported, from the current 10,276,000 to 102,760,000 shares. Accordingly, on June 1 the calculated stock exchange price per share is expected to drop to about one-tenth of the price per share before the stock split.

The new division of share capital through the stock split was preceded by a capital increase of 76.5 million euros from retained earnings, to 102.8 million euros. After the increase from retained earnings and the stock split, each share will represent a calculated share in the company’s registered share capital of one euro; each share currently represents a calculated share of 2.56 euros.