Peugeot shares were first listed in Paris in 1925 and have traded since then. NYSE Euronext’s decision to remove PSA Peugeot Citroen, Europe’s second largest automotive group after VW, from its CAC 40 index and replace it with chemical and plastics maker Solvay SA on September 24, is therefore bound surprise the industry.

The seven-member NYSE Euronext scientific board reviews companies’ number of shares available as well as market capitalization and revenue trends every quarter.

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