Procter & Gamble: "Uncle" Evolution

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mahfuj
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Joined: Tue Apr 12, 2022 5:27 am

Procter & Gamble: "Uncle" Evolution

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Procter & Gamble was founded in 1837 and has gone through 182 years. Recently, Procter & Gamble officially announced its withdrawal from Euronext Paris, which caused heated discussions for a while. On March 6, American daily chemical giant Procter & Gamble (P&G) issued a statement saying: The company's shares will continue to be traded on the NYSE because phone number list of phone number list cost and management needs and low trading volume, a request that has been approved by the Euronext Paris board of directors. According to public information, Euronext is the largest listing platform and the second largest derivatives trading platform in continental Europe. At the end of March 2007

, Euronext merged with the New York Stock Exchange to form NYSE Euronext. On April 4 of the same year, it was listed on the New York Stock Exchange and the European Stock Exchange at the same time. Since the two exchanges have essentially merged, P&G investors can opt out of their Euronext shares and choose to keep their shares traded on NYSE at a later date. As soon as the news came out, blogging in the circle of friends, if it wasn't for the two old Internet celebrities who had slammed each other recently, the battle in the circle of friends a while ago would have continued to this day. There are two factions on the battlefield: the positive side is full of deploring the wind, phone number list "the giants have stepped down from the altar", or "when the times abandoned you, they won't say hello to you at all" such philosophical commentary, the negative side is iron "Procter & Gamble, your uncle is still your uncle" and so on. As a fan of the Procter & Gamble brand, the old aunt collected materials for a period of time and talked about it here: Procter & Gamble official announcement I have to sigh here, now that I am a self-media, a trio of iron men: language pictures, data analysis, and logical structure are all indispensable. Case | Procter & Gamble: Uncle Evolution

Procter & Gamble Delisting Official Announcement According to the official announcement, people are withdrawing from the Euronext Paris market, not the New York Stock Exchange. Why? In the first reply to Moketing magazine, P&G officially announced: Since the vast majority of the company's securities trading volume is concentrated in the New York Stock Exchange, phone number list accounting for more than 99.9% of the total trading volume, the company has applied to remove its shares from Paris Pan-European due to the consideration of more effective securities market administration. Delisting from the stock exchange.
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