Almacenes Éxito to Delist from NYSE and Focus on Colombian Market
An announcement from Almacenes Exito SA Sponsored ADR ( (EXTO) ) is now available. Almacenes Éxito S.A., a major player in the retail industry, has announced its decision to voluntarily delist its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) and deregister its securities under the U.S. Securities Exchange Act of 1934. This strategic move aims to consolidate the company’s stock in its primary market, Colombia, to enhance liquidity and increase shareholder returns. The