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Paper Recycling | 2026-05-21 08:23:54
The delisting is expected to take effect at 8:00 a.m. UK time on June 22, 2026, making June 19 the final day of trading for Smurfit Westrock shares in London.
SEATTLE (Scrap Monster): Smurfit Westrock plc has confirmed plans to delist its ordinary shares from the London Stock Exchange. This marks a major shift in its market structure. Henceforth, the company's trading activity will be limited to the New York Stock Exchange.
According to a company announcement dated May 20, 2026, the company had formally applied to cancel its secondary listing from the UK Financial Conduct Authority’s Official List and withdraw admission of its ordinary shares from trading on the London stock market. The delisting is expected to take effect at 8:00 a.m. UK time on June 22, 2026. Accordingly, June 19 will be the final day of trading for Smurfit Westrock shares in London.
Smurfit Westrock stated that the move follows a strategic review of its listing structure. Since its primary listing on the NYSE in July 2024, the majority of trading activity has shifted to New York, it said. As a result, dual listings have become increasingly inefficient, the company added.
The company said concentrating all share trading on the NYSE will provide investors with deeper liquidity, stronger institutional access, and improved market efficiency.
No shareholder approval is required for the delisting. In addition, the company’s Irish incorporation and tax residency will remain unchanged.
Further to the transaction, Smurfit Westrock will continue to publish share prices in U.S. dollars through its investor relations platform.
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The delisting will take effect at 8:00 a.m. UK time on June 22, 2026.
The company said most trading has shifted to the NYSE, making dual listings inefficient.
No, its Irish incorporation and tax residency remain unchanged.