AstraZeneca to List Shares in New York but Keep London Base

AstraZeneca to List Shares in New York but Keep London Base

The logo for AstraZeneca outside its North America headquarters in Wilmington, Del., on Mar. 22, 2021. Rachel Wisniewski/Reuters

AstraZeneca announced on Sept. 29 that it will list its ordinary shares directly on the New York Stock Exchange, replacing its American depository receipts, but said it is not abandoning London.

AstraZeneca, the UK’s second-biggest listed company with a market value of 170 billion pounds ($228 billion), said the change is part of a plan to “harmonise” its listing structure across London, Stockholm, and New York, making it easier for investors to trade its stock globally.

We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.

Original News Source Link – Epoch Times

Running For Office? Conservative Campaign Consulting – Election Day Strategies!