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ABN Amro Delisting Shares from Exchanges

August 26, 04 by Albert Robinson

Holland’s ABN Amro Bank, a major financier of the global diamond trade, says it is delisting from several stock exchanges since the costs and requirements of the listing outweigh the benefits.

 

The exchanges concerned are London, Frankfurt, Hamburg, Dusseldorf, Zurich and Singapore.

 

The bank’s shares will continue to be traded on the Euronext (Paris, Brussels and Amsterdam) and New York stock exchanges.

 

In addition, the launch of new trading products by the London (Eurosets) and Frankfurt (Xetra European Stars) exchanges mean it will still be possible to trade ABN Amro shares in Britain and Germany.

 

Meanwhile, in a separate statement, the bank said that its interim dividend for 2004 would be 0.5 euro ($0.60).

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