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Stock impact report

AstraZeneca Shares to Start Trading in US After Listing Upgrade [Yahoo! Finance Canada]

AstraZeneca PLC Ordinary Shares (AZN) 
Last astrazeneca plc ordinary shares earnings: 2/5 04:00 pm Check Earnings Report
US:NYSE Investor Relations: astrazeneca.com/investor-relations.html
Astra has pledged to invest $50 billion in the US by 2030 amid pressure from President Donald Trump's tariff plans. Meanwhile, the company has paused a £200 million ($274 million) expansion of its UK headquarters. For Peel Hunt's Head of Research Charles Hall, the risk is that in the long term, trading in the shares will mainly shift to the US. “Assuming that liquidity materially increases in the US, and given that the majority of shares are owned by international investors, we believe it is highly likely that in time the company may consider moving its primary listing from London to the US,” he said in a note in October. It will also allow investors to buy AstraZeneca shares without paying stamp duty, a UK tax on trading. That could cost the UK Treasury £200 million a year, the Peel Hunt note said. If successful, the move could encourage other London-listed companies to swap their ADRs for ordinary shares, further reducing tax intake from stamp duty. Trading in the American De Show less Read more
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