on JOST Werke SE (isin : DE000JST4000)
JOST Werke SE Commences Trading on U.S. OTCQX Market
JOST Werke SE, a leading manufacturer in the commercial vehicle sector, has started trading on the OTCQX® Best Market in the U.S. The move aims to broaden JOST's shareholder base and enhance visibility among U.S. investors. The company's shares will continue to trade primarily on the Frankfurt Stock Exchange, and no new shares will be issued as part of this initiative.
CEO Joachim Dürr emphasized that the U.S. market accounts for about 30% of JOST's sales and earnings, underscoring its strategic importance. Trading on OTCQX will offer efficient and transparent access for U.S. investors while maintaining Frankfurt as its main listing. The OTCQX market requires companies to meet high financial and governance standards, offering over 12,000 securities.
R. H.
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