Newell Rubbermaid (NYSE: NWL) today announced plans to withdraw the listing of its common stock from the Chicago Stock Exchange, Inc. Newell Rubbermaid's common stock will continue to be listed on the New York Stock Exchange.
The Company has decided to withdraw its listing from the Chicago Stock Exchange, Inc. to streamline operations and eliminate duplicative administrative requirements and costs inherent with dual listings. The withdrawal is expected to be effective within the next month.
Newell Rubbermaid believes that withdrawing its listing from the Chicago Stock Exchange will not have an impact on the liquidity of its common stock. The Chicago Stock Exchange will continue to trade Newell Rubbermaid common stock on an unlisted trading privilege basis.
About Newell RubbermaidNewell Rubbermaid Inc., an S&P 500 company, is a global marketer of consumer and commercial products with 2012 sales of approximately $5.6 billion and a strong portfolio of leading brands, including Sharpie®, Paper Mate®, Rubbermaid Commercial Products®, Irwin®, Lenox®, Parker®, Waterman®, Rubbermaid®, Levolor®, Calphalon®, Goody®, Graco®, Aprica® and Dymo®. As part of the company’s Growth Game Plan, Newell Rubbermaid is making sharper portfolio choices and investing in new marketing and innovation to accelerate performance. This press release and additional information about Newell Rubbermaid are available on the company’s Web site, www.newellrubbermaid.com. NWL-CO