Sinch AB (publ)
STO:SINCH
SINCH's latest stock split occurred on Jun 17, 2021
The company executed a 10-for-1 stock split, meaning that for every share held, investors received 10 new shares.
Before the split, SINCH traded at 1435 per share. Afterward, the share price was about 141.82.
The adjusted shares began trading on Jun 17, 2021. This was SINCH's 2nd stock split, following the previous one in Jun 8, 2016.
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Sinch AB (publ)
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Founded in the bustling tech scene of Stockholm, Sinch AB has grown into a formidable player in the cloud communications space. The company emerged from the idea that communication could be vastly improved through the seamless integration of technology with traditional messaging systems. Sinch enables businesses to incorporate voice, video, and messaging services into their existing operations by providing robust APIs and communications platforms. From multinational conglomerates to nimble startups, companies rely on Sinch’s solutions to enhance customer engagement, streamline communication processes, and adhere to the latest in data privacy regulations. Sinch generates revenue by providing its innovative cloud-based communication services to businesses across various sectors, including retail, finance, and healthcare. By allowing businesses to reach their customers on mobile devices through SMS, email, and other messaging formats, Sinch capitalizes on the global shift towards mobile-first communication strategies. Additionally, Sinch earns through strategic acquisitions, continually expanding its suite of services and geographical reach to reinforce its market position and drive growth. Its focus on scalability and flexibility positions Sinch as a key player in the digital transformation journey of businesses, tapping into the lucrative market of customer communication management.
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