PTR - PetroChina intends to voluntarily delist its ADS from NYSE
- PetroChina ( NYSE: PTR ) announced that it has notified NYSE on Aug.12, 2022 that it will apply for a voluntary delisting of its ADS from NYSE.
- In the year 2000, the company closed an offering of 17.6M shares and listed on The Stock Exchange of Hong Kong and NYSE wherein ADSs representing 23.5% of the total H Shares were listed on the NYSE.
- The last day of trading of the ADSs on the NYSE is expected to occur on or about Sep.8, 2022.
- During the period after the ADSs are delisted from the NYSE and before the termination date, the ADSs issued under the ADR program of the company are expected to trade on the OTC market.
- Shares trading 1.2% down premarket.
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PetroChina intends to voluntarily delist its ADS from NYSE