SLB: voluntary delisting of shares from Euronext Paris

(CercleFinance.com) - Schlumberger (SLB) has announced that it is voluntarily delisting its shares from Euronext Paris.


Consistent with its previous decisions to delist from other stock exchanges, SLB reviewed the low trading volume on Euronext Paris and, given the increasing costs, administrative requirements and management time needed to maintain a dual listing, requested its voluntary delisting from Euronext Paris.

SLB became a listed company in 1962 with its initial listing on the New York Stock Exchange (NYSE), which has been its primary exchange. SLB will maintain its single listing on the NYSE under the symbol 'SLB'.

The delisting has been approved by the Board of Directors of Euronext Paris.


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