Any company or its share price may be affected by Corporate action. Such events include: rights issue, stock splits, reverse stock splits, mergers, acquisitions, spin-offs and others.

Since the stock CFD or ETF is closely connected to the price movement of the underlying asset, it will also be affected by the corporate action on the underlying asset. Dukascopy Europe will determine the appropriate measures in a commercially reasonable manner to account for the corporate action’s implication. This may include adjustment of positions and prices in order to preserve the economic equivalent of stock CFD or ETF, or to reflect the effect of the event on the relevant underlying asset.

The economic effect on stock CFD or ETF holders will replicate the effects of the corporate action for both long and short positions of the underlying asset.

Due to restrictions implemented by regulatory bodies, stock exchanges or liquidity, shorting of a particular stock CFD or ETF may be restricted.

Clients are solely responsible for checking any available information on corporate actions that may affect their stock CFD or ETF positions. Dukascopy Bank has no obligation to proactively contact clients holding positions, that may be affected by corporate action.

Please contact your Account Manager or our Support Desk if you need more information on how a particular corporate action may affect your stock CFD or ETF position.

Dukascopy Europe reserves the right to make any correction or adjustment to any type of past corporate action as needed.

Split

Split date Instrument Split ratio
13.05.2022 ATCOA.SE/SEK 4 for 1
03.05.2022 TATE.GB/GBX 6 for 7
13.10.2021 MCHP.US/USD 2 for 1
5.10.2021 ISRG.US/USD 3 for 1
29.09.2021 6762.JP/JPY 3 for 1
29.09.2021 7203.JP/JPY 5 for 1
02.08.2021 GE.US/USD 1 for 8
20.07.2021 NVDA.US/USD 4 for 1
19.05.2021 INVEB.SE/SEK 4 for 1
07.05.2021 SWMA.SE/SEK 10 for 1
27.04.2021 VWS.DK/DKK 5 for 1
23.04.2021 VXX.US/USD 1 for 4
31.08.2020 AAPL.US/USD 4 for 1

Spinoff

Ex-date Instrument New Spin-off ratio
06.05.2022 SAN.FR/EUR Euroapi SASU 0.04347826 for 1
01.03.2022 ZBH.US/USD ZIMVV US 0.1 for 1
02.02.2022 EXC.US/USD CEGW US 0.3333333 for 1
20.01.2022 0700.HK/HKD 9618 HK 0.04761905 for 1
10.12.2021 DAI.DE/EUR DTG GR 0.5 for 1
04.11.2021 IBM.US/USD KD-W US 0.2 for 1
21.09.2021 VIV.FR/EUR UMG NA 1 for 1
16.09.2021 CON.DE/EUR VTSC GR 0.2 for 1
07.06.2021 AAL.GB/GBX TGA LN 0.1 for 1
02.06.2021 MRK.US/USD OGN-W US 1 for 0.1
28.04.2021 TPK.GB/GBX WIX LN 1 for 1
19.03.2019 FOXA.US/USD 21CF 1 per 3

Delist

Ex-date Instrument
25.04.2022 REN.NL/EUR
14.02.2022 XLNX.US/USD
11.08.2021 AGK.GB/GBX
06.05.2021 GFS.GB/GBX
02.06.2021 RSA.GB/GBX
22.07.2021 ALXN.US/USD
06.07.2021 DNB.NO/NOK
10.05.2021 DIA.ES/EUR
29.05.2019 GTO.NL/EUR

Merge and acquisition

Ex-date 1st Instrument 2nd Instrument
3.04.2020 RTN.US/USD UTX.US/USD

Rights offering

Ex-date Instrument /
Right To Purchase
Rights ratio Subscription Price Adjustment factor
21.03.2022 EDF.FP/EUR /
EDF.FP/EUR
2 per 13 6.35 0.95611
24.11.2021 VNA.DE/EUR /
VNA.DE/EUR
7 per 20 40 0.937447
8.10.2021 TUI1.DE/EUR /
TUI1.DE/EUR
10 per 21 2.15 EUR 0.848244
22.09.2021 LHA.DE/EUR /
LHA.DE/EUR
1 per 1 3.58 EUR 0.71368
4.06.2021 VRK.FR/EUR /
VRK.FR/EUR
37 per 8 5.66 EUR N/A
16.11.2020 SAN.ES/EUR /
SAN.ES/EUR
1 per 23 0 N/A

Stock Dividend

Ex-date Instrument Adjustment factor
19.04.2022 BBD.US/USD 1.1