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Celestica Transitions to U.S. Domestic Issuer Status

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Celestica Transitions to U.S. Domestic Issuer Status

Celestica ( (TSE:CLS) ) has issued an announcement.

Celestica Inc. has transitioned from being classified as a ‘foreign private issuer’ to a U.S. domestic issuer as of January 1, 2025, necessitating compliance with U.S. GAAP for its financial reporting. This change requires the company to re-present its interim financial reports for the fiscal year ended December 31, 2024, which were originally prepared under IFRS, to align with U.S. accounting standards. The re-presented financial statements, covering various periods in 2024 and 2023, were filed on March 3, 2025, reflecting the company’s adherence to new regulatory requirements.

More about Celestica

YTD Price Performance: 15.02%

Average Trading Volume: 3,897,017

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $12.45B

For an in-depth examination of CLS stock, go to TipRanks’ Stock Analysis page.

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