HomeBusinessNokia Applies For Delisting From The Frankfurt Stock Exchange

Nokia Applies For Delisting From The Frankfurt Stock Exchange

Nokia has decided to apply for the de-listing of Nokia‘s shares from the Frankfurt Stock Exchange due to the decreased trading volumes of Nokia shares at the exchange. The application for the delisting will be made to the Management Board of Frankfurt Stock Exchange. Subject to approval, the final day of trading of Nokia shares on the Frankfurt Stock Exchange is estimated to be during the first half of 2012.

Nokia‘s trading volumes on the Frankfurt Stock Exchange have decreased during the years and currently represent only a small percentage of the total global trading volumes of the Nokia share. In 2003, 2004 and 2007 Nokia delisted from the stock exchanges in London, Paris and Stockholm respectively. Nokia shares will continue to be traded within the Eurozone on the NASDAQ OMX Helsinki Stock Exchange and in the United States in the form of American Depositary Shares on the New York Stock Exchange (NYSE).

Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia‘s technological and design innovations have made its brand one of the most recognized in the world.

[Image Credit]

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Articles

3,016FansLike
0FollowersFollow
32,600FollowersFollow
2,270FollowersFollow
18,000SubscribersSubscribe