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People & Business :: Companies

Stolt Delists from Nasdaq

1:44 PM MDT | April 25, 2007 | Chemical Week Editorial Staff

Stolt-Nielsen says it will voluntarily de-list from Nasdaq and will terminate its American depositary receipt program next month. Stolt says less than 10% of its shares currently trade on the Nasdaq, and the costs and expenses associated with maintaining a listing “outweigh the benefits.” The company expects its last day of trading to be on or about May...

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