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
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.
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