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Telecommunications giant Telstra to delist from NZ stock exchange as investor base across the Tasman shrinks – NEWS.com.au
Telecommunications giant Telstra to delist from NZ stock exchange as investor base across the Tasman shrinks
Telstra will delist from New Zealands stock exchange as part of its bigger plan to simplify the business and reduce costs, with the telecommunications giant expecting this financial year will be a turning point for the company.Telstra announced on Friday it had decided to delist from NZX Ltd at the close of business on June 16 and then move to a sole listing on the Australian Securities Exchange, saying its Kiwi shareholders have been reducing over time.
“Given the accessibility of the ASX to New…
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