Bubble Wrap maker Sealed Air surges on report of buyout talks
Investing.com -- Nokia Corporation announced Tuesday its intention to delist its shares from the Euronext Paris stock exchange while maintaining listings on Nasdaq Helsinki and the New York Stock Exchange.
The decision follows a review of trading volumes, costs, and administrative requirements associated with the Paris listing, according to a stock exchange release issued by the Finnish telecommunications equipment maker.
Nokia’s Board of Directors has resolved to submit a delisting application for its shares (ISIN:FI0009000681) from the regulated market of Euronext Paris. The delisting is subject to approval by the Board of Euronext Paris and is expected to take effect within the next three months.
The company plans to announce further details about the delisting process separately in accordance with applicable requirements. Nokia has advised investors whose shares are listed on Euronext Paris to consult with their investment advisers or custodians regarding potential impacts of the delisting.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.