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
- California to test feasibility of mileage tax720 Views
- Several NMDOT employees fired following drunken party445 Views
- PHOTOS: Six bridge/transportation projects receive 2014 PCI Awards389 Views
- Construction company called out for substandard concrete267 Views
- Gov. Scott Walker considers replacing Wisconsin's gas tax247 Views