Ericsson delists from LSE

16 Apr, 2008

Swedish telecom infrastructure giant Ericsson said on Tuesday it had delisted its shares from the London Stock Exchange due to weak trading. "In recent years, trading in the company's series B shares on the London Stock Exchange has corresponded to less than one percent of the total trade in the company's series B shares," Ericsson said in a statement.
Ericsson said it would remain listed on the US Nasdaq and Stockholm stock exchanges.

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