Tele2 to delist from NASDAQ
Published: 21 Mar, 2005 CET.
Updated: Mon 21 Mar 2005 19:06 CET
Telecom operator Tele2 AB today announced that it has decided to delist from the NASDAQ National Market.
In a press release today the company announced that "the costs are not justified by the limited benefits of remaining listed on Nasdaq." Of Tele2's total traded volume during 2004, less than 0.1% was at Nasdaq.
Tele2's final trading day on the Nasdaq will be on April 8, 2005. The decision does not affect the listing of Tele2's A and B shares on Stockholmsbörsen.
Tele2 was founded in 1993 bythe late Jan Stenbeck and has been listed on Stockholmsbörsen since 1996. Tele 2 was first listed on Nasdaq in 1997.
Comments
See Also
In a press release today the company announced that "the costs are not justified by the limited benefits of remaining listed on Nasdaq." Of Tele2's total traded volume during 2004, less than 0.1% was at Nasdaq.
Tele2's final trading day on the Nasdaq will be on April 8, 2005. The decision does not affect the listing of Tele2's A and B shares on Stockholmsbörsen.
Tele2 was founded in 1993 bythe late Jan Stenbeck and has been listed on Stockholmsbörsen since 1996. Tele 2 was first listed on Nasdaq in 1997.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.