(Alliance News) - Juventus Football Club Spa announced on Monday that it has proceeded with the regrouping of 2.52 billion existing Juventus ordinary shares into 252.7 million newly issued shares, having the same characteristics as the issued ordinary shares, at the ratio of one new ordinary share for every 10 existing ordinary shares.

As previously announced in Jan. 17, the official price of Juventus ordinary shares recorded on Euronext Milan on Jan. 19 to value the fractions generated by the application of the regrouping ratio is EUR0.2546.

Juventus stock gives up 5.1 percent to EUR2.41 per share.

By Chiara Bruschi, Alliance News reporter

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