Fleetwood Enterprises Inc. announced today (Dec. 14) that it plans to voluntarily withdraw its common stock from listing on NYSE Arca Inc., formerly the Pacific Stock Exchange.
The company’s securities will continue to be listed on the New York Stock Exchange.
Fleetwood said the decision to voluntarily withdraw listing from NYSE Arca was made as a cost-saving measure and to eliminate duplicative administrative requirements inherent with dual listings. The company’s stock will continue to trade on NYSE Arca on an unlisted trading privilege basis.
NYSE Arca, a wholly owned subsidiary of NYSE Group Inc., operates an open, all-electronic stock exchange in the U.S.