GM ANNOUNCES VOLUNTARY DELISTING FROM TORONTO STOCK EXCHANGE
DETROIT — General Motors Co. (NYSE: GM; TSX: GMM.U) currently announced that it has practical and perceived capitulation for a intentional delisting of a common batch from a Toronto Stock Exchange (TSX) in Canada. The delisting from a TSX will not impact a company’s inventory on a New York Stock Exchange (NYSE).
Trading on a NYSE and choice platforms accounts for a immeasurable infancy of GM’s stream daily trade volume. Given a comparatively low trade volume of a shares on a TSX and a fact that GM’s NYSE inventory provides a shareholders with sufficient liquidity, a association believes that a costs compared with progressing a twin inventory are no longer justified. Accordingly, effective during a tighten of markets on Nov. 30, 2017 a company’s shares will no longer be traded on a TSX.
After delisting from a TSX, a company’s common batch will continue to trade on a NYSE underneath a pitch GM. Shareholders will be means to continue to trade their shares on other exchanges and those who wish to do so should hit their attorney or investment manager for serve details.
The Toronto Stock Exchange has conjunction authorized nor disapproved a information contained herein.
General Motors Co. (NYSE: GM, TSX: GMM), a subsidiaries and corner try entities furnish and sell vehicles underneath a Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. GM has care positions in several of a world’s most significant automotive markets and is committed to lead a destiny of personal mobility. More information on a association and a subsidiaries, including OnStar, a tellurian personality in car safety, confidence and information services, can be found during http://www.gm.com.