Ericsson plans de-listing from French, German and Swiss stock exchanges

Report this content
The Ericsson board has authorized the President and CEO to apply for and execute de-listing of the Ericsson B-share from Euronext (Paris), the German Stock Exchanges (Düsseldorf, Frankfurt and Hamburg) and the Swiss Exchange.
Today, more than 99 percent of trading in Ericsson is on the OM Stockholmsbörsen, Nasdaq and the London Stock Exchange. In France, Germany and Switzerland the trading volumes are insignificant and do not justify the costs associated with the listings.

The de-listing timeline is expected to differ for each exchange, with the process beginning immediately.