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AstraZeneca to List Shares Directly on New York Stock Exchange

1. AstraZeneca plans to list ordinary shares directly on NYSE. 2. This replaces its listing of American depository receipts on Nasdaq. 3. Company remains headquartered and tax resident in the UK. 4. Move aims to align listing structure with long-term growth strategy. 5. AstraZeneca continues to be part of Sweden’s OMX Stockholm 30 index.

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FAQ

Why Bullish?

AstraZeneca's move may attract more investors, positively impacting stock value. Historical examples show that market accessibility usually enhances liquidity and price stability.

How important is it?

AstraZeneca's retained UK headquarters emphasizes its commitment to the UK market, which may bolster investor confidence.

Why Long Term?

The direct listing strategy supports sustainable growth, benefiting long-term valuation. Similar past initiatives have evidenced growth over an extended timeline.

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