Finance
Switzerland's SIX to delist shares in solar panel maker Meyer Burger
Published by Global Banking and Finance Review
Posted on September 9, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 9, 2025
1 min readLast updated: January 22, 2026
SIX Exchange plans to delist Meyer Burger shares due to missed reporting deadlines. The decision can be appealed within 20 days as Meyer Burger faces financial challenges.
BERLIN (Reuters) -Switzerland's stock exchange operator SIX will delist all registered shares in Meyer Burger after the solar panel maker looks set to miss a deadline to submit its 2024 annual report, the operator's SER regulation firm said on Tuesday.
The reasons for the delayed annual report have not been addressed, said SER, and are unlikely to be resolved within the requested deadline, leading to the request to delist shares.
The decision is not yet legally binding and can be appealed within 20 days, SER said.
Meyer Burger, whose operations in Europe and the United States have struggled to compete with cheaper products imported from Asia, said it would provide further information on what steps it would take next "in due course."
In May, the firm announced it was shutting down its U.S. factory in Arizona due to financial difficulties, and soon afterwards filed for insolvency for its German subsidiaries.
Trading in Meyer Burger shares, which has been halted for three months, remains suspended for the time being, SER said.
(Writing by Miranda Murray; Editing by Jamie Freed and Rashmi Aich)
SIX is delisting Meyer Burger shares because the company is expected to miss the deadline for submitting its 2024 annual report, which has not been addressed.
Yes, the decision to delist is not yet legally binding and can be appealed within 20 days.
Meyer Burger has struggled to compete with cheaper products from Asia and recently announced the shutdown of its U.S. factory in Arizona due to financial difficulties.
Trading in Meyer Burger shares has been halted for three months and remains suspended for the time being.
Meyer Burger has indicated that it will provide further information on the steps it plans to take in response to the delisting request.
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