Caterpillar To Be Delisted from Euronext Paris Stock Exchange
Thursday, 2 May 2024, 19:52
The French delisting
Caterpillar will no longer have a presence on the Euronext Paris, as it suffers from notably low trading volume. The delisting is set for May 28.
Euronext Paris's response
The request for delisting has been granted by Euronext Paris's board of directors.
This appears to be the start of a general retreat from European equity markets with Caterpillar planning a similar move on the SIX Swiss Exchange.
While this move won't impact Caterpillar's core business, it doesn't do wonders for its prestige and reputation globally.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.