Coty Renews CEO Contract and Considers Second Listing on Paris Stock Exchange

5月 08, 2023

On May 5th, US beauty giant Coty announced that its board of directors has authorized management to explore a dual listing on the Paris Stock Exchange (PAR) to strengthen the group’s influence in Europe and attract new investors. Coty, which is already listed on the New York Stock Exchange (NYSE), considers a second listing to increase the visibility of the company’s shares to more investors and enhance the stock’s liquidity.
*Note: Dual listing refers to a company’s shares being primarily listed on two or more different stock exchanges, to expose the company&# …