TE Connectivity Ltd.
TE Connectivity Announces Intent to Change Jurisdiction of Incorporation to Ireland
Summary
TE Connectivity Ltd. announced the intent to change its jurisdiction of incorporation from Switzerland to Ireland. The decision was approved by the Board of Directors and will be put to a vote at a Special General Meeting of Shareholders in Zurich, Switzerland. The company does not anticipate material changes in its operations or financial results from the change, which is expected to be implemented in 2024 if approved. The common shares will continue to trade on the NYSE under the symbol TEL, and Switzerland will remain a leadership hub for strategic and operational functions. The move is intended to position the company for continued success, according to CEO Terrence Curtin.
Profitelligence Alerts
Get alerts for TEL
Be first to know when TE Connectivity Ltd. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About TE Connectivity Ltd.
TE Connectivity Ltd. is a global technology company specializing in the design and manufacture of connectivity and sensor solutions. The company serves various industries, including automotive, aerospace, defense, medical technology, energy, data communications, and consumer electronics. TE Connectivity's primary function is to provide essential components and integrated solutions that enable reliable and robust electrical connections and data transfers in critical applications. Notable features of the company include its focus on innovation and sustainability, offering products like connectors, sensors, relays, and fiber optic equipment that improve efficiency and durability. Its products are fundamental in facilitating advancements in the Internet of Things (IoT), autonomous driving, renewable energy, and high-speed data applications. In the financial markets, TE Connectivity plays a significant role as a leader in the electronic components sector, known for its commitment to quality and cutting-edge technology. The company's operations extend globally, with a strong presence in both established and emerging markets, making it a vital link in the supply chains of some of the world's leading technology and industrial companies.
Official SEC Documents
Advertisement