Panasonic Announces Delisting from New York Stock Exchange

Panasonic Corporation (NYSE:PC) (TOKYO:6752) announced its delisting schedule from the New York Stock Exchange. The company has American Depository Shares (“ADS”) listed, which the company first listed in December 1971. The company's shares are also listed and mainly traded on the Tokyo Stock Exchange, Osaka Securities Exchange and Nagoya Stock exchange.
The company said that the listing of its ADS was originally done to promote trading of its shares and to raise the visibility of the Panasonic brand in the US.

However, “While Panasonic believes the initial objectives of the U.S.

Akihabara News , Panasonic Announces Delisting from New York Stock Exchange, Panasonic Announces Delisting from New York Stock Exchange