(CercleFinance.com) – Archos announces the implementation of the consolidation of the shares making up its share capital at the rate of 10,000 old shares for one new share, operations which will take place from February 8 to March 10 inclusive and will take effect on March 11.
The objective of this combination is to support a new stock market dynamic for the company, as well as to reduce the volatility of the Archos share price, induced by the low level of its current value.
Shareholders who do not have a number of old shares corresponding to a multiple of 10,000 old shares will have to deal personally with the purchase or sale of old shares forming odd lots, until March 10 inclusive.
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