Dormakaba: share split of 1-to-10 will be proposed to the AGM
Dormakaba Holding AG, a global leader in access control solutions, has announced plans to propose a 1-to-10 share split at its upcoming Annual General Meeting (AGM). The move, which aims to reduce the number of outstanding shares, was disclosed in an ad hoc announcement on September 2, 2025 [3].
The share split, effective at 5:00 p.m. Eastern Time on September 2, will reduce Dormakaba's outstanding shares from approximately 15 billion to about 1.5 billion. The company noted that the reverse split will not affect the par value of the common stock, and no fractional shares will be issued. Shareholders will receive cash payments in lieu of any fractional shares [3].
Dormakaba's management expects the share split to enhance the company's liquidity and attractiveness to investors. The company also highlighted its strong financial performance in the 2024/25 fiscal year, with organic net sales growth of 4.1%, adjusted EBITDA margin of 15.5%, and net profit of CHF 188.0 million. The company's return on capital employed (ROCE) improved to 30.6%, reaching its mid-term target of over 30% one year ahead of plan [3].
The proposed share split comes amid Dormakaba's strong strategy execution and transformation program, which has significantly contributed to the company's margin expansion and operational efficiency. The company's focus on innovation and close customer relationships has enabled it to achieve growth in key verticals, such as healthcare, hospitality, and airports, despite challenging economic conditions [3].
Dormakaba's AGM is scheduled to take place on September 14, 2025. Registered stockholders will need to take no action to receive their post-split shares, while those holding shares through brokers or banks will have their positions automatically adjusted according to their institutions' processes [3].
References:
[1] https://economictimes.indiatimes.com/industry/services/retail/reliance-agm-2025-retail-expansion-and-digital-integration-reliance-retails-consumer-biz-to-become-direct-arm-of-ril-sets-1-lakh-cr-revenue-target/articleshow/123580497.cms
[2] https://www.investing.com/news/stock-market-news/lucid-stock-falls-after-announcing-1for10-reverse-split-93CH-4217139
[3] https://www.tradingview.com/news/eqs:fbf7aa64c094b:0-financial-year-2024-25-strong-performance-on-track-to-deliver-mid-term-targets/
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