other material
confidence high
sentiment neutral
materiality 0.50
Teva to terminate ADS program; ADSs exchange for NYSE-listed ordinary shares on Sept 14, 2026
TEVA PHARMACEUTICAL INDUSTRIES LTD
- Amendment No. 1 to deposit agreement executed Aug 31, 2026; each ADS exchanges for one ordinary share.
- ADS program termination effective at open of business Sept 14, 2026; all outstanding ADSs cancelled.
- Ordinary shares will be listed on NYSE; ADS holders become direct shareholders of Teva.
- Depositary Citibank, N.A. involved; ADR form updated accordingly.