Five years after it was delisted, the american group Dell must return officially in Stock this Friday. This operation is done by a complex, but essential, according to the CEO of Dell, on the future of the old giant of computing. A victim of the transformation of its industry, and the crisis of its historical activities, the sale of PCS, the company is trying for several years to climb back up the slope.

This summer, the board of directors of Dell approved an exchange operation of "tracking stock" of VMware, a subsidiary of the group specialized in the cloud. These shares, without voting rights (so-called "class V"), followed up here the performance of the nugget from Dell, fruit of its acquisition of EMC in 2016. The shareholders were given the option to exchange their bonds against shares in a traditional Dell, "class C", or be redeemed in cash. If the transaction is entered into within the time Friday morning, the tracking stock, which until then was listed under the ...