March 14, 2017 / 9:52 AM / 5 months ago

BRIEF-Grenke proposes share capital increase and 1:3 stock split

March 14 (Reuters) - Grenke AG:

* Proposes an increase in the share capital from company funds and a 1:3 stock split to the annual general meeting

* Following execution of capital increase from company funds of 25,432,327.53 euros ($27.05 million), without issuance of new shares, share capital will then amount to 44,313,102.00 euros Source text for Eikon: Further company coverage: ($1 = 0.9401 euros) (Gdynia Newsroom)

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