30th May 2023 10:01
(Alliance News) - Diageo PLC on Tuesday confirmed it has delisted from the Euronext Dublin, focusing its share trading on London and New York.
Diageo is a London-based brewer and distiller with brands including Guinness, Baileys, Tanqueray, Johnnie Walker, Smirnoff and Captain Morgan.
The company in April announced that it plans to delist from Euronext Paris and Euronext Dublin on or around Tuesday. In its release on Tuesday it only mentioned that it delisted from Euronext Dublin.
"The decision by Diageo to delist was taken following a review of the trading volumes, costs and administrative requirements related to its listings on Euronext Paris and Euronext Dublin," the company said last month.
The delisting from Dublin and Paris does not affect Diageo's share listings on the London Stock Exchange and the New York Stock Exchange, nor its operations in Ireland and France.
Diageo shares were 0.2% higher at 3,481.00 pence each on Tuesday morning in London.
By Tom Budszus, Alliance News reporter
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