PARIS — On its first day of trading on the skilled segment of Euronext Paris Thursday, Coty Inc.‘s stock remained stable, closing the day down about 0.1 percent to 10.39 euros.
The maker of CoverGirl and Lancaster products began trading on the exchange at 3:30 p.m. CET.
As previously reported, the wonder company, which is already listed on the Recent York Stock Exchange, on Monday announced the launch of a world offering of 33 million shares of Coty’s outstanding Class A standard stock. It is an element of a plan to secure a double listing in Paris.
The worth was set at 10.28 euros, or $10.80 per share.
Coty said in May that it was looking right into a dual listing. The corporate had...
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