Nokia to delist from Euronext Paris; NYSE and Helsinki remain
Nokia Corporation announced that its Board has resolved to apply for the delisting of its shares from Euronext Paris.
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Rhea-AI Filing Summary
Nokia Corporation announced that its Board has resolved to apply for the delisting of its shares from Euronext Paris. The step follows a review of trading volumes, costs and administrative requirements tied to the Paris listing.
Nokia’s shares will remain listed on Nasdaq Helsinki, and its American Depositary Receipts will continue to trade on the New York Stock Exchange. The delisting from Euronext Paris is subject to the approval of the Board of Euronext Paris and is expected to take effect within the next three months. Further details of the process will be announced separately in line with applicable requirements.
Holders with shares on Euronext Paris are encouraged by the company to consult their investment advisers or custodians regarding any practical implications.
Insights
Administrative delisting from Paris; primary trading venues unchanged.
Nokia plans to delist from Euronext Paris after assessing trading volumes, costs and administrative effort. Listings on Nasdaq Helsinki and ADRs on the NYSE remain in place, preserving core liquidity venues.
The change is subject to approval by the Board of Euronext Paris and is expected within the next three months. Actual trading dynamics depend on investor behavior across Helsinki and NYSE; the filing does not indicate changes to capital structure or financing plans.
Watch for the formal approval milestone and the effective delisting date, which the company states will be announced separately in accordance with applicable requirements.
FAQ
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What did Nokia (NOK) announce regarding its Paris listing?
Will Nokia (NOK) still trade on other exchanges after the Paris delisting?
When could the Euronext Paris delisting take effect for Nokia (NOK)?
Why is Nokia (NOK) seeking to delist from Euronext Paris?
What approvals are required for Nokia’s (NOK) delisting from Paris?
AI-generated analysis. How Rhea-AI works. Not financial advice.
