Externet shares to be traded for last time on April 25
Shares of alternative telco Externet will be traded for the last time on the Budapest Stock Exchange on April 25, and will be delisted on April 28, according to a resolution posted on the bourseʼs website late Wednesday, Hungarian news agency MTI reports.
At an extraordinary general meeting on January 2, shareholders of Externet Nyrt. decided to delist the shares, which were first listed in the summer of 2008, while simultaneously electing to convert the alternative telco and ISP into a private company limited by shares (Zrt.).
Externet shares traded as high as HUF 750 per share in February 2010, and as low as HUF 39 per share two years later. The shares most recently closed at HUF 281.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.