This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Infosys Plans To List Its ADS On The NYSE Euronext

BANGALORE, India, November 30, 2012 /PRNewswire/ --

Infosys, a global leader in consulting and technology, today announced that it will be transferring the listing of its American Depositary Shares (ADS) to the New York Stock Exchange (NYSE) from the NASDAQ Global Select Market (NASDAQ). The company is also seeking to list its ADS on the Paris and London exchanges of NYSE Euronext.

Infosys ADS will begin trading on the NYSE Euronext markets in the U.S. under the ticker symbol 'INFY' on December 12, 2012. Until the transfer is complete, Infosys ADS will continue to trade in the U.S. under the ticker symbol 'INFY' on the NASDAQ. Once the separate Euronext listing process is complete, Infosys ADS will begin trading on the NYSE Euronext markets in Paris and London.

The NYSE Euronext listing will not change Infosys float, share/ADR count and capital structure.

"Our decision to transfer our American Depositary Shares listing to NYSE is motivated by a desire to leverage the NYSE Euronext partnership to empower our investor base, increase access to our stock for European investors and broaden the trading window available for our global investors," said S. D. Shibulal, CEO and MD, Infosys. "We thank NASDAQ for the support and partnership we received from them as we took the Infosys brand to the global market, and we look forward to a strong and long engagement with NYSE Euronext."

"Infosys is a global leader in consulting, technology and outsourcing, and we welcome the company's decision to transfer its listing to the NYSE," said Duncan Niederauer, CEO, NYSE Euronext.  "Infosys will benefit greatly from our leading global community, superior visibility platform, and innovative market structure and technology. We look forward to building an outstanding partnership with Infosys and its shareholders in order to further unlock the company's potential."

About Infosys

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs