Ericsson to Delist
Ericsson plans delisting from French, German and Swiss stock exchanges
October 18, 2002
1 Min Read
STOCKHOLM -- The Ericsson(NASDAQ:ERICY - News) board has authorized the President and CEO to applyfor and execute de-listing of the Ericsson B-share from Euronext (Paris),the German Stock Exchanges (Dusseldorf, Frankfurt and Hamburg) and the SwissExchange.Today, more than 99 percent of trading in Ericsson is on the OMStockholmsborsen, Nasdaq and the London Stock Exchange. In France, Germanyand Switzerland the trading volumes are insignificant and do not justify thecosts associated with the listings.The de-listing timeline is expected to differ for each exchange, with theprocess beginning immediately.Ericsson AB
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