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General Motors Company is delisting its shares from the Toronto Stock Exchange (TSX) in Canada effective at the end of November.
The company’s shares will still be traded in New York.
In a statement, the automotive company said there was low trading volume of its shares on the TSX.
According to the company, the cost of maintaining the Toronto listing was “no longer justified.”
The company first filed to list on the Toronto Stock Exchange in 2010 after former finance minister Jim Flaherty urged them to do so.
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