Alstom to ask shareholders for $1 bln in rights issue to slash debt [Reuters]
ALSTOM UNSP/ADR (ALSMY)
NASDAQ:AMEX Investor Relations:
alstom.com/investor-relations
Company Research
Source: Reuters
billion) through a rights issue as part of a plan to slash debt and bring its finances back on track. Alstom had a potential capital increase late last year, sending shares tanking after a in October made clear to investors it was struggling with debt. Alstom is the world's second-biggest train maker after China's state-owned CRRC and has contracts on its order books from Britain for its HS2 high-speed railway and for the largest train tender in Danish rail history. Its cash problems are in due in part due to inheriting problem contracts after the 2021 acquisition of Bombardier's rail business. Other measures to cut net debt by 2 billion euros by March 2025 include the issuance of hybrid bonds for around 750 million euros, announced on Wednesday, and parts of the business. In April, it agreed to sell its North American conventional signalling business to Germany's Knorr-Bremse for about 630 million euros, and it has also sold its stake in Russia's (TMH). Alstom posted a ca
Show less
Read more
Impact Snapshot
Event Time:
ALSMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALSMY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALSMY alerts
High impacting ALSTOM UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ALSMY
News
- RegioJet orders 23 trains from Škoda Group [Yahoo! Finance]Yahoo! Finance
- Battle lines drawn in the race to build new Eurostar trains [Yahoo! Finance]Yahoo! Finance
- ALSTOM SA: Alstom signs a contract for the light rail system between Haifa and Nazareth in northern Israel [Yahoo! Finance]Yahoo! Finance
- Alstom Foundation starting VR railway education in Brazil [Yahoo! Finance]Yahoo! Finance
- Eurostar to order 50 new trains in race to expand [Yahoo! Finance]Yahoo! Finance