Infosys to list its ADS on NYSE

November 30, 2012 10:38 pm | Updated November 17, 2021 04:17 am IST - CHENNAI

Infosys on Friday announced that it will be transferring the listing of its American Depository Shares (ADS) to the New York Stock Exchange (NYSE) from the Nasdaq Global Select Market (Nasdaq). The company is also seeking to list its ADS on the Paris and London Exchanges of NYSE Euronext.

(NYSE Euronext is a leading global operator of financial markets and its equity markets represent one third of the world’s equities trading).

S. D. Shibulal, CEO and Managing Director of Infosys said the decision to transfer ADS listing to NYSE was motivated by a desire to leverage the NYSE Euronext partnership to empower the company’s investor base. It would also help increase access for European investors and broaden the trading window available for the company’s global investors.

Infosys ADS will begin trading on the NYSE Euronext markets on December 12. Until the transfer is complete the ADS will continue to trade in the U.S.

Once the separate Euronext listing process is complete, Infosys ADS will begin trading on the NYSE Euronext markets in Paris and London.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.