SeaTwirl AB (publ)
STO:STW
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STW's latest stock split occurred on Jan 2, 2023
The company executed a 403-for-359 stock split, meaning that for every 359 shares held, investors received 403 new shares.
Before the split, STW traded at 62 per share. Afterward, the share price was about 57.
The adjusted shares began trading on Jan 2, 2023. This was STW's 3rd stock split, following the previous one in Nov 4, 2021.
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SeaTwirl AB (publ)
Glance View
SeaTwirl AB is a development company. The company is headquartered in Goeteborg, Vastra Gotalands. The company went IPO on 2016-12-22. The firm operates as a manufacturer and designer of floating wind turbine customized for the ocean. The firm's technology uses a vertical axis wind turbine with a tower that is attached to a floating structure that stretches deep below the water’s surface. The wind turbine, tower and submerged structure, which has a buoyancy element and keel, are fixed together and rotate as a single unit. The water carries the full weight of the structure and when the wind turbine captures wind energy the structure is stabilized by the keel like the function of a sailing boat. The generator housing, which is wrapped around the tower at the base of the wind turbine above the surface of the water, contains the generator that transforms the kinetic energy of the wind turbine into electrical energy.
