Published

GM to Exit Toronto Stock Exchange in November

General Motors Co. says it will voluntarily delist its shares on the Toronto Stock Exchange on Nov. 30 due to low trading volumes there.
#economics

Share

General Motors Co. says it will voluntarily delist its shares on the Toronto Stock Exchange on Nov. 30.

GM cites the relatively low volume of trading volume on the Toronto exchange compared with the cost of maintaining a listing there. The company’s shares will continue to be tradeable elsewhere, including on the New York Stock Exchange.

RELATED CONTENT

  • Report Forecasts Huge Economic Upside for Self-Driving EVs

    Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.

  • China and U.S. OEMs

    When Ford announced its 3rd quarter earning on October 24, the official announcement said, in part, “Company revenue was up 3 percent year over year, with net income and company adjusted EBIT both down year over year, primarily driven by continued challenges in China.” The previous day, perhaps as a preemptive move to answer the question “If things are going poorly in China, what are you doing about it?, Ford announced that it was establishing Ford China as a stand-alone business unit.

  • on the Genesis GV60 interior, EV sales in H1, Bentley Bentayga's wood work, Faurecia's advanced manufacturing & more

    The strange glowing orb in the Genesis GV60. . .global EV sales in the first half. . .creating wood for the Bentayga interior. . .the importance of material handling at Faurecia. . .lux ATPs. . .fast Porsche. . .fast Lambo. . .the Avalon Hybrid. . .Silverado steel. . .

Gardner Business Media - Strategic Business Solutions