Is the Metso Outotec share price at a 52 Week high?

The good news for any holders of Metso Outotec (HEL:MOCORP) is that the price is currently trading close to a 52 week high, with the share price up by around 8.03% to 7.78 over the past week. For investors holding the stock (or consid... Will the Metso Outotec share price run continue?

Who is Metso Outotec Oyj?

Metso Outotec Oyj specializes in the design, development, construction and maintenance of factories and equipment intended for the metallurgy and mining industries.

Will Metso Outotec be renamed Neles Corporation?

Simultaneously, Metso will be renamed Neles Corporation (“Neles”). Trading in the shares of Metso Outotec on the official list of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) is expected to commence on July 1, 2020. Metso Outotec’s shares will be subject to trading on Nasdaq Helsinki under the trading code MOCORP (ISIN code: FI0009014575).

What happens if Metso shares are not settled by June 30 2020?

Any trades with Metso shares that are not settled by June 30, 2020 will be settled in accordance with standard settlement procedures, and investors who have acquired Metso shares by such trades will receive both Metso Outotec and Neles shares at settlement.