For the first time, the shares of Bystronic AG can be traded under the ‘BYS’ ticker symbol on the SIX Swiss Exchange, helping the company to establish itself on the capital market as an independent and future-oriented company. At the AGM in April, shareholders approved a change of name from Conzzeta AG to Bystronic AG as the result of the strategic transformation focusing on the sheet-metal processing segment (Bystronic) and the divestment of all other business operations announced by Conzzeta in late 2019.
The listed registered shares of Conzzeta AG were subsequently transferred to Bystronic AG. In addition, the Conzzeta board of directors is now the new board of directors of Bystronic. CEO Alex Waser said: “This is a historic moment. I am proud to share this special day with our customers, investors and the entire Bystronic team around the globe.”
For further information www.bystronic.com