The Athens Stock Exchange is being renamed “Euronext Athens Holding S.A.”, following a decision by the Extraordinary General Meeting of its shareholders (with 79.2% participation), marking a new era for the Greek stock market after its alignment with the Euronext group.
The Greek stock exchange is now fully adapting to Euronext’s European network of markets.
The Athens Stock Exchange will soon become part of Euronext, a market that is now twice the size of London’s capital market. The unified European market of Euronext handles approximately €12 billion in daily transactions, more than double the trading volume in London.
The acquisition of the Athens Exchange by Euronext allows participants in the Greek financial markets to join a network of more than 1,800 listed companies, with a total market capitalization exceeding €6 trillion.
The Extraordinary General Meeting also approved amendments to the company’s statutes, including that the Board of Directors will consist of 5 to 9 members with a four-year term, and that meetings may be held via teleconference.
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