Fujitsu is planning to delist from the London Stock Exchange (LSE) as early as next year in an effort to save costs.
In an announcement made today, the Japanese vendor said it will continue to list its shares on the Tokyo Stock Exchange and Nagoya Stock Exchange, but wants out of the LSE.
"Fujitsu has decided to apply for the delisting in order to reduce the administrative work and costs associated with being a listed company on the LSE," it said in a statement, but added that the move is unlikely to have a big impact on shareholders and investors because of the low trading volumes on the LSE.
It hopes the process will be complete by the end of January after submitting its application today.
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