Veon to de-list from Amsterdam but remain in New York

VEON

01/08/2024 09:34

Aug 1 (Reuters) - Dutch telecom company Veon  VON.AS ,
the owner of Ukraine's biggest mobile operator Kyivstar, intends
to de-list its shares from Euronext Amsterdam and be solely
listed in New York, it said on Thursday. 
    Veon currently has a dual listing, on Euronext Amsterdam and
the New York Stock Exchange.
    It expects the de-listing from Amsterdam to take place in
the fourth quarter, after which it will launch a share buyback
for up to $100 million with respect to its American depositary
shares, it said.
    
    

 (Reporting by Olivier Sorgho; editing by Jason Neely)
 ((Olivier.Sorgho@thomsonreuters.com;))