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Cavotec SA Announces Delisting and Board Restructuring

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Cavotec SA Announces Delisting and Board Restructuring

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Cavotec SA ( (SE:CCC) ) has shared an update.

Cavotec SA held an Extraordinary General Meeting where it was decided to delist the company’s shares from Nasdaq Stockholm. This decision was unanimously approved, indicating a strategic shift in the company’s market presence. Additionally, the meeting saw a complete overhaul of the Board of Directors, with the resignation of the current members and the election of five new members, including Vanessa Tisci as the new Chairperson. These changes mark a significant transition in the company’s governance and strategic direction.

More about Cavotec SA

Average Trading Volume: 22,600

Current Market Cap: SEK1.8B

For an in-depth examination of CCC stock, go to TipRanks’ Overview page.

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