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Sony to exit London Stock Exchange due to low trading volumes

Kyodo

Sony Corp. said Wednesday it will delist its shares from the London Stock Exchange next month after 44 years due to thin trading volumes.

The Japanese electronics maker, which listed on the LSE in 1970, said its stock will continue to trade in Tokyo and New York. The delisting will take place around the end of August.

Listing the stock on the London bourse has cost Sony around ¥10 million (about $97,000) each year.