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Sunrise Communications AG Class A ( (CH:SUNN) ) has issued an update.
Sunrise Communications AG has announced the voluntary delisting of its Class A American Depositary Shares (ADSs) from the Nasdaq Global Select Market, with the last trading day set for August 15, 2025. This move is part of a strategic decision following the company’s spin-off from Liberty Global Ltd., aiming to simplify regulatory reporting and reduce costs, as the U.S. is not the primary trading market for its shares. The delisting will be followed by the termination of the sponsored ADS programs for both Class A and Class B shares, expected around November 13, 2025. Sunrise Class A shares will continue to be listed on the SIX Swiss Exchange, and the company plans to cease SEC reporting once permissible. This decision may impact stakeholders by altering the trading landscape for Sunrise shares, especially for U.S.-based investors.
The most recent analyst rating on (CH:SUNN) stock is a Buy with a CHF65.00 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 challenger in the Swiss telecom market, holding a strong number two position. Listed on the SIX Swiss Exchange under the ticker ‘SUNN,’ Sunrise offers comprehensive fixed-line access and a world-class mobile network with the highest gigabit coverage in Switzerland. The company provides high-quality mobile, fixed-line, broadband, and TV services to private customers and supports business customers 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 1.0 million TV customers, along with thousands of business clients.
YTD Price Performance: 22.79%
Average Trading Volume: 283,890
Current Market Cap: CHF115.9M
For an in-depth examination of SUNN stock, go to TipRanks’ Overview page.