Linde is preparing for its last trading day on the Frankfurt Stock Exchange (FSE) following an announcement made last year that it planned to delist from the DAX index – a stock market index consisting of the 40 major German blue chip companies trading on the FSE.
The decision was approved by shareholders after the company’s Board of Directors submitted a proposal to vote on an ‘intercompany reorganisation’ that would result in the delisting of Linde shares from the exchange.
Read more:Linde delisting proposal receives approval
Having announced yesterday (23rd Feb) that the Irish High Court hearings regarding the reorganisation are scheduled for 27th Feb, Linde stated that – once reorganisation is approved by the Court – it expects its last trading day on the FSE to be 28th Feb, 2023.
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