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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (31033)5/25/2008 7:14:47 AM
From: Lynn  Read Replies (1) of 78659
 
'Fan' is the wrong word, but I like NSRGY (Nestle), a stock I have followed ever since the announcement was made that they were buying RAL (Ralston-Purina) in an all cash deal. My mother and I were RAL shareholder.

My mother was smart and took her proceeds from the buy-out to pick up ADRs of NSRGY. She does not have a computer so I pass along news items I get from NSRGY.

Their latest e-mail announcement is on the upcoming split. I am doing a copy/paste of the entire message area, which includes the link to unsubscribe. I'm leaving it there so people can modify it to subscribe if so desired:

Nestl?.A. share split to become effective on 30 June 2008

Vevey, 23 May 2008 - Nestl?.A. today announced that the split of the nominal value of the company's shares at a 1:10 ratio and the consequent increase of the number of shares will become effective in public trading on Monday, 30 June 2008. The nominal value of the shares, listed on SWX Europe, will be CHF 0.10 each. Furthermore, the ratio between ordinary shares and American Depositary Receipts (ADRs) will be changed to 1:1.


The share split was approved by shareholders at the Annual General Meeting of Nestl?.A. in Lausanne on 10 April 2008. The Board of Directors had proposed the split to increase the liquidity and tradability of Nestl?.A. shares.



Contacts Media Robin Tickle Tel.: +41 (0)21 924 22 00
Investors Roddy Child-Villiers Tel.: +41 (0)21 924 36 22

Nestl?.A. Vevey, Switzerland

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