Avanza Bank's board determine date of share split.

NORDIC BUSINESS REPORT-March 27, 2019-Avanza Bank's board determine date of share split

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Avanza Bank Holding AB (STO:AZA), an independent online stockbroker in Scandinavia, announced on Tuesday that its board of directors has decided that the record date for the share split in Avanza Bank Holding AB will be 16 April 2019.

The last day for trading in Avanza's shares before the split is 12 April 2019, while the first day for trading in Avanza's shares after the split is 15 April 2019. A result, the share price as of 15 April 2019 will reflect the effect of the share split.

Reportedly, the Annual General Meeting of Avanza Bank, held on 19 March 2019, approved a share split, whereby each or one existing share will be divided into five...

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