Almacenes Éxito SA Concludes ADS Program with JPMorgan's Sale of Underlying Securities, Proceeds Available from May 8, 2025

Reuters

05-06

Almacenes Éxito SA Concludes ADS Program with JPMorgan's Sale of Underlying Securities, Proceeds Available from May 8, 2025

Almacenes Éxito S.A. has announced the termination of its American Depositary Shares $(ADS.AU)$ program. On May 1, 2025, JPMorgan Chase Bank, N.A. declared the sale of securities underlying the ADSs of Éxito. As a result, each ADS now represents only the right to a holder's share in the net proceeds of $3.334110 per ADS. Shareholders must surrender their ADSs for cancellation to receive the termination proceeds, which will be available from May 8, 2025. For those whose positions are held through a broker or securities intermediary participating in The Depository Trust Company, the process will occur automatically on May 8, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almacenes Éxito SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-039821), on May 06, 2025, and is solely responsible for the information contained therein.

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On May 1, 2025, JPMorgan Chase Bank, N.A. declared the sale of securities underlying the ADSs of Éxito. As a result, each ADS now represents only the right to a holder's share in the net proceeds of $3.334110 per ADS. Shareholders must surrender their ADSs for cancellation to receive the termination proceeds, which will be available from May 8, 2025. For those whose positions are held through a broker or securities intermediary participating in The Depository Trust Company, the process will occur automatically on May 8, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almacenes Éxito SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-039821), on May 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0106831901.USD","symbol_name":"貝萊德世界金融基金A2","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250506:nNDL4sPZ1Y:1","article_id":"2533507568","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533507568","pubTimestamp":1746525728,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Almacenes xito S.A. has announced the termination of its American Depositary Shares  program. On May 1, 2025, JPMorgan Chase Bank, N.A. declared the sale of securities underlying the ADSs of xito. As a result, each ADS now represents only the right to a holder's share in the net proceeds of $3.334110 per ADS. Shareholders must surrender their ADSs for cancellation to receive the termination proceeds, which will be available from May 8, 2025. For those whose positions are held through a broker or securities intermediary participating in The Depository Trust Company, the process will occur automatically on May 8, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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On May 1, 2025, JPMorgan Chase Bank, N.A. declared the sale of securities underlying the ADSs of Éxito. As a result, each ADS now represents only the right to a holder's share in the net proceeds of $3.334110 per ADS. Shareholders must surrender their ADSs for cancellation to receive the termination proceeds, which will be available from May 8, 2025. For those whose positions are held through a broker or securities intermediary participating in The Depository Trust Company, the process will occur automatically on May 8, 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almacenes Éxito SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-039821), on May 06, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}