AstraZeneca begins trading on NYSE

Summary by AI BETAClose X

AstraZeneca has commenced trading its ordinary shares on the New York Stock Exchange, aligning its listing structure across the NYSE, London Stock Exchange, and Nasdaq Stockholm. This move aims to provide broader access to the US capital market and facilitate greater investor participation in the company's growth, which saw new pipeline readouts representing over $10 billion in peak revenue opportunity last year. AstraZeneca maintains its 2030 ambition to grow annual revenue to $80 billion and launch 20 new medicines, with continued investment in transformative technologies. The company's ordinary shares will continue to trade under the ticker "AZN" on all three exchanges, with its UK and Swedish listings remaining unaffected.

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AstraZeneca (AZN)
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