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Samsung Electronics Shifts GDR Listing to London Stock Exchange

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Samsung Electronics Shifts GDR Listing to London Stock Exchange

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Samsung Electronics ( (GB:SMSN) ) has provided an update.

Samsung Electronics announced the admission of its global depositary receipts (GDRs), representing non-voting preference shares, to the UK Financial Conduct Authority’s official list and the London Stock Exchange’s main market. Concurrently, Samsung has delisted these GDRs from the Luxembourg Stock Exchange, reflecting a strategic shift in its market listing approach.

More about Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in the electronics industry, primarily known for its innovative consumer electronics, semiconductors, and telecommunications equipment. The company is headquartered in Korea and has a strong market presence worldwide.

YTD Price Performance: 4.56%

Average Trading Volume: 19,382

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $255.1B

For a thorough assessment of SMSN stock, go to TipRanks’ Stock Analysis page.

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