Samsung Electronics (GB:SMSN) has released an update.
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Samsung Electronics announced its plan to delist 38,685,850 depositary receipts from the Luxembourg Stock Exchange due to low trading volume, while simultaneously transferring these to the London Stock Exchange by March 31, 2025. This move allows international investors to continue trading preferred shares, maintaining their ability to exchange DRs for underlying shares. This strategic shift reflects Samsung’s adaptation to evolving market conditions, ensuring continued accessibility for global investors.
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