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Oatly slides after announcing an ADR ratio change

Oatly Group AB (NASDAQ:OTLY) tumbled in early trading on Friday after the company announced a plan to implement an ADR ratio change. The company said one ADR representing one ordinary share will change to one ADR representing twenty ordinary shares.

Investing.com on MSN · 1d

Oatly announces reverse ADR split to take effect in February

MALMÖ, Sweden - Oatly Group AB (NASDAQ:OTLY), a leading producer of oat-based dairy alternatives currently trading at $0.66 per share with a market capitalization of $395 million, has announced a forthcoming change to its American Depositary Receipts (ADRs) structure.

Business Insider · 1d

Oatly Announces Plan to Implement ADR Ratio Change

As a result of the change in the ADR ratio, the trading price per ADR is expected to increase proportionally, although the Company can give no assurance that the trading price per ADR after the change in the ADR ratio will be equal to or greater than twenty times the trading price per ADR before the change.

Morningstar5d

Oatly Group AB ADR OTLY

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Oatly Group announces plan to implement ADR ratio change

Oatly Group (OTLY) plans to change the ratio of its American Depositary Receipts to ordinary shares from one ADR representing one ordinary ...

Barron's2mon

Oatly Group AB ADR

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

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