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Sunrise Communications AG Class A ( (CH:SUNN) ) has provided an announcement.
Sunrise Communications AG has announced the termination of its sponsored Class A American Depositary Shares (ADS) program, effective November 13, 2025, following its voluntary delisting from the Nasdaq Global Select Market. The termination of the Class B ADS program is postponed due to the US government shutdown. Holders of Class A ADSs are urged to cancel their ADSs and transfer the underlying shares to avoid additional fees. The depositary bank will sell remaining shares and distribute net proceeds to former ADS holders. This move is part of Sunrise’s strategic adjustments in its financial operations.
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 leading telecommunications company in Switzerland, holding a strong number two position in the market. Listed on the SIX Swiss Exchange, Sunrise offers comprehensive fixed network access and a world-class mobile network with extensive gigabit coverage. The company provides high-quality mobile, fixed-line, broadband, and TV services to private customers and supports business clients with integrated ICT solutions for connectivity, security, and IoT. As of March 2025, Sunrise serves approximately 3.1 million mobile, 1.3 million broadband, and around 1.0 million TV customers, alongside numerous business clients.
YTD Price Performance: 30.65%
Average Trading Volume: 216,496
Technical Sentiment Signal: Strong Buy
Current Market Cap: CHF123.6M
See more insights into SUNN stock on TipRanks’ Stock Analysis page.