Covivio SA
PAR:COV
COV's latest stock split occurred on Jan 10, 2017
The company executed a 623-for-621 stock split, meaning that for every 621 shares held, investors received 623 new shares.
Before the split, COV traded at 82.65 per share. Afterward, the share price was about 56.0827.
The adjusted shares began trading on Jan 10, 2017. This was COV's 10th stock split, following the previous one in Mar 2, 2015.
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Covivio SA
Glance View
Covivio SA, once a modest player in the realm of real estate, has transformed itself into a formidable European powerhouse, bridging the worlds of luxury hotels, cutting-edge office spaces, and high-quality residential properties. This French company, established with a vision of integration and versatility, artfully maneuvers through Europe's top urban landscapes like Paris, Berlin, and Milan. Covivio astutely invests in and manages ultramodern office spaces tailored to the shifting demands of businesses, acquiring long-term leases with reputable tenants. This strategic foresight translates into a steady flow of rental income, which remains a cornerstone of its revenue model. In addition to its office portfolio, Covivio has smartly diversified into the hotel sector, capitalizing on Europe’s robust tourism industry. By forging alliances with renowned hospitality chains, Covivio ensures its properties resonate with a mix of historic charm and contemporary allure, attracting both leisure and business travelers. The company’s residential initiatives further complement its business blueprint; by fostering urban regeneration and sustainable living, Covivio taps into the growing demand for eco-friendly urban housing. Through effective asset management and dynamic portfolio strategies, Covivio crafts a balanced mix of consistent rental income and value accretive opportunities, securing its stature and growth in the competitive European real estate market.
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