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Itaú Chile Files Material Event Notice announcing the termination of the program of its American Depositary Shares (“ADSs”) registered in the United States of America
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Rhea-AI Summary
Banco Itaú Chile has filed a Material Event Notice with the Chilean Commission for the Financial Market to terminate its American Depositary Shares (ADSs) program in the United States. The company plans to cancel the registration of its ADSs with the Securities and Exchange Commission, delist its ADSs from the New York Stock Exchange, and terminate the Deposit Agreement. More details can be found on the company's investor relations website.
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SANTIAGO, Chile, Oct. 30, 2023 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (NYSE: ITCL; SSE: ITAUCL) announced that it filed today a Material Event Notice with the Chilean Commission for the Financial Market (Comisión para el Mercado Financiero) reporting the initiation of the process to (i) terminate the program of its American Depositary Shares (“ADSs”) registered in the United States of America, (ii) cancel the registration of its ADSs with the Securities and Exchange Commission, (iii) delist its ADSs from the New York Stock Exchange, and (iv) terminate the Deposit Agreement under which the ADSs are issued. The full Material Event Notice is available on the company’s investor relations website at ir.itau.cl.
Banco Itaú Chile announced the initiation of the process to terminate its American Depositary Shares (ADSs) program in the United States.
What actions does Banco Itaú Chile plan to take?
Banco Itaú Chile plans to cancel the registration of its ADSs with the Securities and Exchange Commission, delist its ADSs from the New York Stock Exchange, and terminate the Deposit Agreement.
Where can I find more information?
More details can be found on Banco Itaú Chile's investor relations website at ir.itau.cl.
Itaú Chile S.A. is a Chilean commercial bank. The bank has 398 bank branches in Chile and Colombia, being 224 in Chile and 174 in Colombia. Itaú Corpbanca is headquartered in Santiago and has offices in Lima, Madrid and New York City.