DelistingOct 27, 2026, 06:31 AM
General Motors to Transfer Stock Listing to Nasdaq from NYSE
AI Summary
General Motors Company announced its Board of Directors has authorized the voluntary transfer of its common stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. The company expects trading on the NYSE to cease on November 16, 2026, with trading on Nasdaq commencing on November 17, 2026, maintaining the 'GM' ticker symbol. Amendments to the company's bylaws were also approved to align with Nasdaq's independence criteria for directors.
Key Highlights
- General Motors to voluntarily delist common stock from NYSE and transfer to Nasdaq Global Select Market.
- Trading on NYSE to cease at close of trading on November 16, 2026.
- Common stock expected to begin trading on Nasdaq on November 17, 2026, under the ticker symbol 'GM'.
- Bylaws amended to update 'Independent Director' criteria to reflect Nasdaq listing requirements.
Price Impact
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