Creactives Group ready to delist from Vienna Stock Exchange
2023.11.29 11:32
© Reuters.
Creactives Group S.p.A., a company specializing in artificial intelligence for supply chain management, has completed the necessary steps for its delisting from the Vienna Stock Exchange. The firm, which is also listed on the Euronext Growth Milan Pro, had received shareholder approval for the withdrawal on October 25, 2023.
On Wednesday, Creactives Group announced that all formalities for the delisting process have been concluded. The decision to delist from Vienna’s Direct Market is part of a strategic move to streamline the company’s stock market presence.
Investors should note that December 22, 2023, has been established as the last trading day for Creactives Group’s ordinary shares on the Vienna trading system.
This move comes as part of a broader trend where companies are opting to consolidate their listings to focus on markets that provide the most value for their shares. Creactives Group’s aims to focus on leveraging AI to enhance supply chain efficiencies, and expects that this consolidation to allow it to better align its investor relations and market strategy.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
