US EditionTelefónica Is Studying to Stop Listing on the New York Stock Exchange After Almost 40 Years
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Telefónica is studying the possibility of leaving the New York Stock Exchange and that its shares will no longer be listed in the US market, a movement that responds to the company's intention to simplify its business, according to the newspaper 'VozPopuli' and have confirmed to Europa Press market sources.The teleco landed on the New York Stock Exchange almost 40 years ago, on June 12, 1987, when it became the first Spanish company to be listed…
Bankinter Market Consensus The company could stop listing on the New York Stock Exchange (NYSE). According to the media, the measure will be announced in the new strategic plan planned for November and responds to the objective of saving costs and simplifying the business. The reporting and regulatory compliance requirements of the NY Stock Exchange are high and Telefónica considers that the return does not compensate the costs. Review team opi…
The exit of the New York Stock Exchange adds to Telefónica's recent divestments in Latin America, in order to reduce risks and gain efficiency.
Telefónica could stop listing on the New York Stock Exchange as part of the project to simplify its business. At least, the company is studying that possibility, as confirmed by La Vanguardia .Continue reading...
MADRID, 1 (EUROPA PRESS) Telefónica is studying the possibility of leaving the New York Stock Exchange and that its shares will no longer be listed in the US market, a movement that responds to the company’s intention to simplify its business, according to the newspaper ‘VozPopuli’ and have confirmed to Europe Press market sources. [...] The entry Telefónica studies to stop listing on the New York Stock Exchange after almost 40 years appears fir…
Marc Murtra Could Leave the Big Block: Telefónica Would Be Preparing His Way Out of the New York Bag
Telefónica, one of the great Spanish telecommunications multinationals, is preparing to close a historic chapter in its financial trajectory: the exit of the New York Stock Exchange (NYSE), as Voz Pópuli has reported. The movement, which is not yet completely closed, would mark the end of a presence of almost 40 years in the US market, where the company debuted in 1987 as a pioneer among Spanish firms. Telefónica’s premiere on Wall Street was a …
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