"CGG believes that the costs associated with continuing the
listing and registration of its ADSs (American Depositary
Shares) exceed the benefits received by CGG, and as the primary
market for CGG shares is Euronext Paris," the company said.
The company's Paris-listed shares have risen nearly 50 percent
so far in 2018, as robust oil prices have generally supported
companies operating in the energy sector.
(Reporting by Sudip Kar-Gupta, Editing by Sherry Jacob-Phillips)
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