Atos, the French IT services giant, announced on Friday that it will implement a reverse stock split, a move aimed at restoring investor confidence following a major financial restructuring last year to address a severe debt crisis.
The reverse stock split will take place from March 25 to April 23, with new shares set to begin trading on April 24. Under the plan, every 10,000 existing shares—each with a nominal value of 0.0001 euros—will be consolidated into a single new share, valued at 1 euro. The new shares will have an indicative price of 49 euros ($53.02).
The decision comes as Atos’ shares are currently trading at historical lows, hovering around half a cent, following a 233-million-euro capital increase in 2024 that resulted in significant dilution for existing shareholders. The reverse stock split is expected to stabilize the share price, reduce volatility, and help create a fresh momentum for the company’s market performance.
Atos, which plays a key role in France’s nuclear deterrent by owning crucial supercomputing infrastructure, is also planning a capital markets day in May, where it will unveil a new strategic direction.
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