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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Daimler AG Common Stock | NYSE:DAI | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 47.42 | 0.00 | 00:00:00 |
German car maker Daimler AG (DAI) said Friday it planned to delist its shares from the New York Stock Exchange, citing changed investor behavior and consistently low trading volume.
International investors now primarily trade Daimler shares in Germany and through electronic trading platforms, the company said.
Also, Daimler's trading volume in the U.S. has been consistently low and, over a 12-month period, amounted to an average of well below 5% of the world-wide trading volume, according to the company.
Daimler will also apply to the Securities and Exchange Commission for deregistration of all its securities.
-Polya Lesova; 415-439-6400; AskNewswires@dowjones.com
1 Year Daimler AG Common Stock Chart |
1 Month Daimler AG Common Stock Chart |
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