Samsonite has secured shareholder approval for a planned US dual listing via American depositary shares (ADS), targeting completion in 2026. The Hong Kong-listed company has been authorized to issue up to 138.3 million new shares — approximately 10% of existing share capital — implying a potential fundraising size of around $300 million based on its current market capitalization of approximately $2.95 billion. Proceeds will be directed to working capital, debt repayment, and potential acquisitions. The group, which owns Tumi and American Tourister, first announced dual-listing plans in March 2024.

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