MedWatch

ALK proposes to split shares into 20

At the company’s upcoming annual general meeting, ALK will seek shareholders’ support to split each share into 20 new shares.

Photo: ALK / PR

Allergy company ALK will propose to split shares at its upcoming annual general meeting on March 16, according to a notice to convene.

The board of directors’ proposal entails splitting one share into 20 by amending A, AA and B shares from DKK 10 each to DKK 0.50 each or multiples thereof (USD 1.52 to USD 0.076).

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