Cat to delist from Chicago Stock Exchange
Tina Grady Barbaccia | November 16, 2010
Caterpillar says its common stock will continue to be listed on the New York Stock Exchange.
The companys says it has decided to withdraw its listing from the Chicago Stock Exchange “to streamline operations and eliminate duplicative administrative requirements and costs inherent with dual listings,” according to a written statement issued by Cat.
The withdrawal is expected to be effective within the next month.
Caterpillar says it does not believe that withdrawing its listing from the Chicago Stock Exchange will have any impact on the liquidity of its stock.
The Chicago Stock Exchange will continue to trade Caterpillar common stock on an unlisted trading privilege basis.
MORE FROM eRoadPro Newsletter
- 5 Options for Avoiding Highway Trust Fund Insolvency528 Views
- Boxer outlines Senate priorities for long-term surface transportation bill397 Views
- Sen. Murray warns Highway Trust Fund insolvency 'threat is growing'396 Views
- Foxx: Insolvent transportation system could cost 700k jobs378 Views
- VIDEO: Watch these crews slide a half-mile, 30 million-pound bridge into place over the Ohio River333 Views