Schindler seen down after shareholder reduces stake

Schindler Holding AG

16/09/2025 07:58

** Shares in Swiss lifts maker Schindler SCHP.S seen down 2.4% in pre-market indications after Connaught Luxembourg offered 600,000 shares to sell

** The order is priced at 285 Swiss francs ($359.67) per share, i.e. a discount of 4.4% to Monday's closing price of 311 Swiss francs

** The stock is seen at the bottom of Switzerland's mid-cap index .SMIM at CHF 296.50

($1 = 0.7924 Swiss francs)

(Reporting by Ozan Ergenay)

((ozan.ergenay@thomsonreuters.com))