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Sunrise Communications AG Class A ( (CH:SUNN) ) just unveiled an update.
Sunrise Communications AG has announced the termination of its sponsored Class B American Depositary Shares (ADS) program, effective January 30, 2026. The majority of Class B ADSs have already been exchanged for Class B shares, and the remaining shares will be converted into Class A shares and sold by the depositary bank. This move follows the termination of the Class A ADS program and is part of Sunrise’s strategic adjustments to streamline its share structure, potentially impacting stakeholders by altering the distribution of shares and proceeds.
The most recent analyst rating on (CH:SUNN) stock is a Sell with a CHF36.00 price target. To see the full list of analyst forecasts on Sunrise Communications AG Class A stock, see the CH:SUNN Stock Forecast page.
More about Sunrise Communications AG Class A
Sunrise Communications AG is a prominent player in the Swiss telecommunications market, holding a strong second position and listed on the SIX Swiss Exchange. The company offers extensive fixed network access and a top-tier mobile network with the highest gigabit coverage in Switzerland. Sunrise provides a range of services including mobile, fixed network, broadband, and TV services for private customers, and integrated ICT solutions for business customers. The company is known for its commitment to innovation, diversity, and high-quality service, supported by a diverse workforce of approximately 2,850 employees from around 80 nations.
YTD Price Performance: 13.07%
Average Trading Volume: 301,626
Technical Sentiment Signal: Strong Sell
Current Market Cap: CHF3B
For a thorough assessment of SUNN stock, go to TipRanks’ Stock Analysis page.