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Brenntag shareholders approve stock split

9:50 AM MDT | June 17, 2014 | Ian Young

"The vast majority" of Brenntag's shareholders have approved the company's previously annouced plans to split its shares at a ratio of 1:3, the company says. Each Brenntag shareholder will receive, without additional payment, two supplementary Brenntag shares for every share they hold. Shareholders approved the proposals at Brenntag's annual meeting, held today at Düsseldorf. "With this step, we aim to further increase the attractiveness of our shares for a wider range of investors and also to support trading with our shares," says...

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