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Nestle SA (NSTR)

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Friday 23 May, 2008

Nestle SA

Share split effective 30 June

RNS Number : 2270V
Nestle SA
23 May 2008
 







Nestlé S.A. share split to become effective on 30 June 2008



Vevey, 23 May 2008 - Nestlé S.A. today announced that the split of the nominal value of the company's shares at a 1:10 ratio and the consequent increase of the number of shares will become effective in public trading on Monday, 30 June 2008. The nominal value of the shares, listed on SWX Europe, will be CHF 0.10 each. Furthermore, the ratio between ordinary shares and American Depositary Receipts (ADRs) will be changed to 1:1. 


 

The share split was approved by shareholders at the Annual General Meeting of Nestlé S.A. in Lausanne on 10 April 2008. The Board of Directors had proposed the split to increase the liquidity and tradability of Nestlé S.A. shares. 




    

Contacts    

Media    Robin Tickle    Tel.: +41 (0)21 924 22 00

Investors    Roddy Child-Villiers    Tel.: +41 (0)21 924 36 22


This information is provided by RNS
The company news service from the London Stock Exchange
 
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