BCV’s 10-for-1 stock split will be carried out at market open on 28 May 2020 as scheduled. The split was announced in February and later approved by over 98% of shareholder votes cast at the Bank’s 2020 Annual Meeting. The share will also be included in the MSCI World Index as of Swiss market close on 29 May 2020.
BCV’s 10-for-1 stock split, which was approved at the Annual Shareholders’ Meeting, will be carried out when the Swiss market opens at 9:00am (CEST) on 28 May 2020. The details of the split are as follows:
- The share’s new security number will be 53 175 175 and new ISIN will be CH0531751755.
- The opening share price will be the previous day’s closing price divided by ten.
- Any market orders not executed by market close on 27 May will be canceled.
For current BCV shareholders, the banks at which they hold their securities accounts will automatically record the stock split.
BCV’s Management welcomes MSCI Inc.’s decision to add the BCV share to the MSCI World Index, starting from Swiss market close on 29 May 2020. The BCV share's inclusion in the MSCI universe of equity securities will enhance its visibility among finance professionals and other investors.
Lausanne, Switzerland, 25 May 2020
Banque Cantonale Vaudoise – Contacts
Daniel Herrera, Communications Director
Tel.: +41 21 212 28 61
Gregory Duong, Investor Relations
Tel.: +41 21 212 20 71
Note to editors:
This press release is being issued outside the trading hours of the SIX Swiss Exchange in order to comply with the principles of ad hoc disclosure pursuant to the SIX listing rules.
The above text is a translation of the original French document; only the French text is authoritative.