Siemens Gamesa delisting plans approved

There is now full focus on carrying out the ”all-important financial turnaround,” states newly elected chair following the formal approval of the turbine maker’s delisting.
CEO of Siemens Energy Christian Bruch has been elected Chair of Siemens Gamesa. | Photo: Siemens Gamesa
CEO of Siemens Energy Christian Bruch has been elected Chair of Siemens Gamesa. | Photo: Siemens Gamesa
BY MAZ PLECHINGER, TRANSLATED BY CHRISTOFFER ØSTERGAARD

April 4, 2017, marked the first day of trading for shares of newly merged turbine manufacturer Siemen Gamesa on the stock exchange in Madrid at a price of EUR 22.25. Upon approval of the company’s delisting at an extraordinary general assembly arranged Wednesday, the share price was down to EUR 18.05.

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