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An announcement from Almacenes Exito SA Sponsored ADR ( (EXTO) ) is now available.
Almacenes Éxito S.A., a company whose American Depositary Shares (ADSs) were previously listed on the New York Stock Exchange, announced that its ADSs will now trade over-the-counter as they close their ADS program with JPMorgan Chase Bank. This strategic move indicates the company’s decision to not seek future listings on any U.S. national securities exchange. The transition might impact stakeholders, as ADS holders received notices for necessary actions, reflecting a shift in the company’s market presence in the United States.
More about Almacenes Exito SA Sponsored ADR
YTD Price Performance: 0.0%
Average Trading Volume: 50,337
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $598.5M
For an in-depth examination of EXTO stock, go to TipRanks’ Stock Analysis page.
