Thursday, April 24, 2008

STARTING FROM Volvo documents to Delist of nasdaq

NEW YORK — Swedish heavy truck manufacturer STARTING FROM Volvo mentioned Monday has it to delist its portions of nasdaq stock market effective December. 13 arranged.


In June Volvo, which was said to him, planned to delist its American keeper receipts, the category B portions corresponds, of nasdaq because of the insufficient trade.


Volvo said that the Deregulierung of the international capital markets and an increase of the international possession reduced nordischen exchange on the OMX stockholm acting in US.


After the Delisting in the Volvo portions to act completely to the OMX nordischen exchange stockholm one concentrates. Volvo of portions were before delisted of stock echangexs in Tokyo, in London, Paris, in Brussels, in Oslo and in Helsinki, as well as from Austaeu in Germany and in Switzerland, under others.


After the Delisting becomes effective, Volvo intends more deregister its category for the B of portions of United States the collateral and exchange commission.


Portions of Volvos on nasdaq in December 1984 as part of an effort to increase international possession of the company registered.


Volvo of portions fell 18 cents on $16.86 at the afternoon acting.


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