LATAM Airlines (LTMAY) has released an update.
LATAM Airlines Group S.A. announces its plans to relist its ADR program on the New York Stock Exchange, approving a new deposit agreement and the registration of an additional 100 million ADRs, increasing the total to 317 million. The company is also adjusting the share-to-ADR ratio and anticipates the relisting to coincide with a secondary sale expected on or around July 24, 2024, provided market conditions are favorable.
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