US EditionTelefónica Says Goodbye to Wall Street: It Will Stop Trading Almost 40 Years After Taking the Leap to New York
15 Articles
15 Articles
Telefónica announced this Wednesday its intention to start the procedures to stop listing on the New York Stock Exchange.
Telefónica has announced its intention to initiate the procedure to voluntarily exclude the listing of the New York Stock Exchange. The holders of the certificates, called ADR, will have the option to exchange them for ordinary shares traded on the Spanish Stock Exchanges, as announced by the company in a relevant event to the CNMV. Continue reading
The company, today immersed in an ERE, became the first Spanish company of the New York Stock Exchange in 1987Telefónica presents the definitive offer for its main subsidiaries and reduces the ERE by 25% throughout the Telefónica group has started the procedure to stop listing on the New York Stock Exchange, I parked in which it landed almost 40 years ago, on June 12, 1987, when it became the first Spanish company to be listed on Wall Street.
Telefónica begins the procedures to complete its strategic turn with the exclusion of its listing from the New York Stock Exchange. Marc Murtra’s company intends to end its stock market adventure on Wall Street that began almost 40 years ago, on June 12, 1987, when it became the first Spanish company to be listed in the parks of La Gran Manzana.
Engaged in a social plan in Spain, the telephony giant justifies its withdrawal from the US Stock Exchange by the administrative burden and the costs associated with maintaining securities listed in the NYSE.
Telefónica announced its intention to start the procedures to stop listing on the New York Stock Exchange, as reported to the National Securities Market Commission. The company, present in the New York Park since 1987 through American Depositary Shares (ADS), attributes the decision to the administrative burden and costs associated with maintenance [...] The Telefónica ticket starts process to leave the New York Stock Exchange was first publishe…
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