飞机盗号软件全自动破解技术|【唯一TG:@heimifeng8】|2025最新谷歌霸屏源码✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Luxottica Group starts procedure for New York Stock Exchange delisting
Laura Galbiati Translated by
Nicola Mira Published
May 17,飞机盗号软件全自动破解技术 2025
The board of directors of Luxottica Group Plc has decided to initiate the procedure for the delisting from the New York Stock Exchange of the group's American Depositary Shares (ADSs), traded through American Depositary Receipts (ADRs), and for converting the current ADR programme from Level III to Level I, in order to allow for over-the-counter trading of its ADRs in the USA.
There are several reasons for this decision. First of all, the Italian stock market has gradually turned into the chief negotiation hub for the group's shares: between 1st May 2025 and 1st May 2025, US transactions accounted for only 3.7% of Luxottica's global daily average transaction volume; secondly, being listed on the NYSE is highly expensive and, last but not least, the delisting will also ensure Luxottica greater efficiency in terms of the ongoing merger with Essilor.
"Delisting from the NYSE is part and parcel of the group's wider process of organisational streamlining initiated in the last couple of years, especially taking into account the relatively low transaction volume in the USA, and will generate savings and benefits for all shareholders," said Leonardo Del Vecchio, Executive President of Luxottica. "The decision has no impact whatsoever on our strategic vision for the USA, which still remain our principal market. Nor will our constant efforts in favour of our US shareholders be hampered, since the group's shares will continue to be traded on the Italian Stock Exchange, ensuring sufficient levels of cash flow without impairing the group's ability to access capital markets."
With regards to the merger with Essilor, Luxottica's board has today approved a series of changes to its stock option and performance share programmes.