Imagine a company's stock like slices of a pizza. Atos, a big tech company in France, had too many tiny slices. Each slice was worth almost nothing! To make the pizza easier to share, they're combining slices. This is called a reverse stock split.
They're trading in old shares for new ones at a much higher value. This should make it easier for investors to buy shares and make the price more stable. It's like trading ten thousand tiny pennies for one crisp dollar bill!
This is all part of Atos’s plan to bounce back after some tough times.
- Atos is combining its shares.
- Each 10,000 old shares become 1 new share.
- The new share price will be around €49.
- The goal is to boost investor confidence and reduce price swings.
| Old Shares | New Shares | Price per New Share (approx.) |
|---|---|---|
| 10,000 | 1 | €49 or about $53 |
