Finnair’s board of directors has approved a merger of shares that they believe is in the best interest of the company and its shareholders. The decision was made at a general meeting where Finnair’s share price decreased by cents. The merger will involve combining Finnair’s shares, resulting in a decrease in the number of shares in the company. In the future, one share will correspond to every one hundred shares of the company.
The purpose of combining Finnair’s shares is to enhance the trading conditions of the shares by increasing the value of each individual share and improving the price formation of the share. The board is confident that this merger is in the best interest of Finnair and its shareholders, providing substantial financial reasoning for their decision.
The merger does not require any action from Finnair’s shareholders. For example, if an individual owns 1,000 Finnair shares, they will own 10 new Finnair shares after the merger, with their ownership share in the company remaining the same despite the decrease in
