Infosys to list ADS on NYSE Euronext

By Religare
Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
    Infosys to list ADS on NYSE Euronext
    India's biggest software services firm has announced that it will be transferring the Nasdaq listed American Depositary Shares (ADS) to the New York Stock Exchange (NYSE).

    As per the company's official release, it is also seeking to list its ADS on the Paris and London exchanges of NYSE Euronext.

    Infosys ADS will begin trading on the NYSE Euronext markets in the US under the ticker symbol 'INFY' on December 12, 2012, the company said. The Bangalore-based company was listed on Nasdaq in the year 1999.

    S. D. Shibulal, CEO and MD, Infosys, "Our decision to transfer our American Depositary Shares listing to the NYSE is motivated by a desire to leverage the NYSE Euronext partnership to empower our investor base, increase access to our stock for European investors and broaden the trading window available for our global investors."

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

    As per the company, the NYSE Euronext listing will not change Infosys float, share/ADR count and capital structure.

    Read more about: infosys
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more