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Samsung Electronics’ GDRs Approved for London Stock Exchange Listing

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Samsung Electronics’ GDRs Approved for London Stock Exchange Listing

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The latest announcement is out from Samsung Electronics ( (GB:SMSN) ).

Samsung Electronics announced that the Financial Conduct Authority has approved a prospectus for the admission of the company’s global depositary receipts (GDRs) representing their non-voting preference shares. The GDRs, expected to be listed on the London Stock Exchange on February 13, 2025, will be delisted from the Luxembourg Stock Exchange, impacting the company’s trading dynamics and market access.

More about Samsung Electronics

Samsung Electronics Co., Ltd. is a global electronics firm headquartered in Korea. It primarily focuses on the production and sale of electronic products and services, with a significant market presence worldwide.

YTD Price Performance: 0.71%

Average Trading Volume: 19,540

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $245.3B

For a thorough assessment of SMSN stock, go to TipRanks’ Stock Analysis page.

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