The Abu Dhabi Securities Exchange has announced that shares of Abu Dhabi National Energy Company (TAQA) will be delisted from the ADX First Market effective Tuesday, 1 September 2026.
The delisting follows resolutions approved by TAQA’s General Assembly on 21 July 2026 and its Board of Directors on 25 August 2026.
The move is related to the completion by Abu Dhabi Power Corporation of the mandatory acquisition, or squeeze-out, of all remaining shares in TAQA.
Following the delisting, TAQA shares will no longer trade on the Abu Dhabi Securities Exchange under the trading symbol TAQA.
ADX has instructed its relevant departments to implement the resolution and circulate it to accredited brokers and relevant market authorities.
Source: Abu Dhabi Securities Exchange
Disclaimer: This article is for informational purposes only and should not be construed as investment, financial, or legal advice.