Nokian splits stock shares

Order Reprints

Nokian Tyres plc began trading in split shares on April 18, 2005.

According to Raila Hietala-Hellman, vice president of communications and IR, the split was registered "without raising the share capital."

At the close of the Helsinki Stock Exchange on April 15, Nokian stock was selling for $167.40 a share; following a one to 10 increase in the number of Nokian shares, the stock closed at $17.09 on April 18.

As of the close of the exchange on April 21, the stock was selling for $16.64 a share.

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