other material
confidence high
sentiment neutral
materiality 0.50
Linde completes reorganization, delists from Frankfurt Stock Exchange, lists solely on NYSE
LINDE PLC
- Reorganization completed March 1, 2023; predecessor merged into new entity 'Linde plc'.
- Each predecessor share exchanged for one new share; trading symbol 'LIN' unchanged on NYSE.
- Delisting from Frankfurt Stock Exchange effective March 2, 2023; now solely listed on NYSE.
- Company will apply to Irish High Court for capital reduction to create distributable reserves.
- New holding company assumed all obligations of predecessor; supplemental indentures and credit agreements executed.