DaimlerChrysler has voluntary delisted from 12 stock exchanges due to a ‘minimal trading of ordinary shares and the costs of administrative burdens to maintain the listings.
The company has left the following stock markets:
Bourse de Paris
SWX Swiss Exchange
Philadelphia Stock Exchange
The Chicago Stock Exchange, Incorporated
Tokyo Stock Exchange, Inc.
Berlin-Bremen Stock Exchange
Duesseldorf Stock Exchange
Stock Exchanges Hamburg and Hanover
Munich Stock Exchange
Listing at the stock exchanges in Frankfurt, New York and Stuttgart will continue to be maintained.
DaimlerChrysler said it hoped the decision would simplify its administrative processes.