Daetwyler Holding AG
SIX:DAE
DAE's latest stock split occurred on Apr 20, 2015
The company executed a 103-for-100 stock split, meaning that for every 100 shares held, investors received 103 new shares.
Before the split, DAE traded at 150.38 per share. Afterward, the share price was about 121.5952.
The adjusted shares began trading on Apr 20, 2015. This was DAE's 2nd stock split, following the previous one in Jul 6, 2007.
WTO
Daetwyler Holding AG
Glance View
Daetwyler Holding AG, a Swiss-based company with roots reaching back to the early 20th century, has etched its presence not just in Switzerland but across the globe. Evolving from its origins in the cable industry, Daetwyler has morphed into a multifaceted enterprise specializing in high-quality engineering and industrial components. The company is deftly divided into two primary segments: Sealing Solutions and Technical Components. The Sealing Solutions segment caters primarily to industries such as automotive, healthcare, civil engineering, and consumer products. By developing and manufacturing precision seals and rubber components, Daetwyler ensures the functionality and longevity of countless products and infrastructures around the world. This segment prospers through long-term contracts and relationships with its key clients, which often depend on Daetwyler's products for their own cutting-edge solutions. Meanwhile, the Technical Components segment complements this by delivering a broad array of industrial and electronics components, primarily to European markets. This division serves as a crucial supply chain partner to the electronics industry and technical trade businesses. By operating an efficient distribution network, Daetwyler connects a vast range of products to various industries, fueling its revenue through sales and distribution efficiencies. What truly propels Daetwyler forward is its commitment to innovation and quality. This focus not only retains existing clients but also draws new business opportunities, ensuring a steady flow of income. The company's strategic blend of producing proprietary components and acting as a vital logistics partner showcases its resilience and adaptability in the competitive landscape of industrial manufacturing and distribution.
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