Havas announces a reverse share split
Havas has confirmed plans to implement a reverse share split of its ordinary shares at a ratio of ten to one.
The move follows approval granted by shareholders at the company’s annual general meeting on 28 May 2025 and is intended to simplify the company’s capital structure and improve share perception in the market.
The reverse share split will apply to Havas’s ordinary shares (ISIN code NL0015002AH0) as well as to its special voting shares A and B, although no such special voting shares are currently issued. The operation will not affect the overall value of investors’ holdings, as the increase in nominal share value will offset the reduction in the total number of shares.
Under the plan, every ten existing ordinary shares will be consolidated into one share with a nominal value of EUR 2. The new shares will trade on Euronext Amsterdam under ISIN code NL0015002K83 from 18 November 2025. The process will begin on 14 October 2025.
Following the consolidation, Havas’s issued share capital will remain EUR 198,362,298, divided into 99,181,149 ordinary shares. Prior to implementation, a cancellation of four ordinary shares became effective on 2 October 2025 as part of the procedural steps under Dutch law.
The company stated that the reverse share split is designed to reduce the number of outstanding shares, streamline administrative processes, and enhance the tradability of Havas stock.
To facilitate the transition, shareholders whose holdings are not multiples of ten may buy or sell shares until 17 November 2025 to achieve full multiples. After that date, holders of fractional shares will be compensated in cash through their financial intermediaries within 30 days of 20 November 2025.
Further details, including frequently asked questions, are available on Havas’s website under the Investors/Shareholders section.
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