Additionally, when the company is taking advantage of a stock trading on multiple exchanges by issuing more shares, the management team will need to travel to those locales. In the U.S., it is customary to do a road show presenting to institutional investors to drum up interest in the stock offering. Foreign companies may find it beneficial to hold multiple shareholder meetings as well.
All in all, the cons of dual-listing are likely immaterial to multinational corporations looking to raise hundreds of millions or even billions of dollars.
How does dual-listing affect stock price?
On a micro level, dual-listing does not affect stock prices. The prices on the different exchanges will be the same when you account for currency differences and transaction costs.
Over time, having a more liquid stock and the ability to raise more capital for growth could help the stock price go up — but that would only occur if the fundamentals of the business were also getting better.
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