April 29 (Reuters) - Caterpillar Inc. ( CAT ) said on

Monday it would delist its shares from two European exchanges,

following a review of the listings.

The company's shares will be delisted from Euronext Paris on

May 28 and the SIX Swiss Exchange before the end of 2024, after

which it will only trade on the New York Stock Exchange, its

primary listing.

Significantly low trading volumes, costs and administrative

requirements related to the listing of the stock on European

exchanges were some of reasons that were considered for the

delisting, it said.

Caterpillar ( CAT ) on Thursday warned of a sales drop in the

current quarter as volumes take a hit from dealers tightening

equipment inventories, sparking worries that a months-long boom

in machinery demand may be coming to an end.