(BFM Stock Exchange) – The IT services group has announced a grouping of its actions up to 10,000 for one, with a view to regaining attractiveness after a heavy and painful restructuring.

To find attractiveness with investors, Atos has announced an important decision for its title. The ex-filler of IT services, whose price rates 0.0049 euro, will proceed to a grouping of shares. The goal being for Atos to get out of the little enviable status of “Penny Stock”, these companies whose title rates less than 1 euro on the stock market.

This type of operation, which is the opposite of a nominal division, has no impact on the value of actions for shareholders and is purely technical. Concretely, current shareholders will be awarded 1 new action for 10,000 old prisoners, and the nominal value of the action will be multiplied by 10,000. The number of actions in circulation will logically be divided by 10,000.

A grouping of shares by 10,000

For example, during this Friday, March 7, the Atos title would go from 0.0049 euros to 49 euros, to translate this grouping of 10,000 old shares for a new one.

The grouping operations will start on March 25 and will end on April 23 to give shareholders time not having a number of multiple actions of 10,000 to purchase or sell old shares in order to obtain a number of old multiple shares of 10,000.

Concretely, a shareholder who holds 30,000 old ATOS shares with a unit value of 0.0049 euros, will be awarded automatically and at no cost, 3 new shares of a nominal value 10,000 times higher than the price of the old action, or 49 euros. This is the simplest case since it is a multiple of 10,000.

These new actions from the group will be admitted to negotiations on the regulated Euronext market in Paris from April 24, 2025, the first day of quotation, under the ISIN FR001400X2S4 code.

The grouping of shares is not an unusual stock market operation. Several listed companies (Orpea, Air France-KLM) have already used this stock market mechanism to improve the readability of the action, when the nominal, the price displayed of an action, becomes too small.

A strong dilution

Recall that the group has carried out several capital increases, one of which is an amount of 233 million euros in December, these multiple operations have registered within the framework of a procedure allowing Atos to find better financial health.

This recapitalization gave rise to the massive issue of new actions in circulation. Currently their number is 190 billion, compared to a hundred million million in September.

The shares of shares have suffered a very important dilution after these fundraising given the marked increase in the actions in circulation. At the end of this complete restructuring, the company had quantified this dilution at 99%.

The digital service company thus hopes with this group to turn the page on a stock exchange. Eight years ago, its action was evolved at more than 100 euros and the title was part of the CAC 40 until September 2021.

“Given the number of ATOS shares issued during the capital increases carried out within the framework of the accelerated safeguarding plan of the company and the low value of the action, the grouping of shares aims to find a usual number of shares, reduce the volatility of the course of action and support a new stock market dynamic,” said the company in a press release.

Atos announced this regrouping operation on Wednesday, on the sidelines of its annual results. The group has unveiled an organic decline of 5.4% of its turnover to 9.57 billion euros, which is lower than the company’s own forecasts that tab for 9.7 billion euros in annual income.

Atos’ activity has suffered from major contracts and the slowdown in the market in some of its main geographic areas. However, the company said it had observed a resumption of orders at the end of the year.

The group’s net profit took place at 248 million euros in 2024 and included a product related to financial restructuring operations. The company also burned 2.233 billion euros in cash in 2024.

Its new manager, Philippe Salle will present a strategic plan on May 14 intended to turn the page of a tormented past.