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| Name | Symbol | Market | Type |
|---|---|---|---|
| Compagnie Financiere Richemont (PK) | USOTC:CFRUY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.08 | 0.43% | 18.90 | 18.80 | 19.05 | 19.03 | 18.78 | 18.80 | 363,275 | 22:00:02 |
From Jan 2020 to Jan 2025
By Mauro Orru
Compagnie Financiere Richemont SA said Wednesday that it would issue warrants to shareholders after receiving approval for a conditional capital increase.
The Swiss luxury conglomerate said shareholders at an extraordinary general meeting backed plans to issue up to 22 million new A shares, which can be bought in exchange for warrants.
Richemont will distribute warrants on Nov. 27, with a set price of 67 Swiss francs ($73.50) to buy one A share.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
November 18, 2020 02:07 ET (07:07 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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