Business News
Graphic Packaging Regains Compliance with NYSE Minimum Share Price Requirement
Tuesday 05. May 2009 - Graphic Packaging Holding Company (NYSE: GPK) received notification today from the New York Stock Exchange (NYSE) that as of April 30, 2009, the company's 30-day average share price was above $1.00, restoring the company's compliance with the minimum share price requirement under the NYSE listing standards.
The minimum 30-day average share price requirement was the only listing standard with which Graphic Packaging was non-compliant.
Accordingly, the NYSE will cease dissemination of the “BC” indicator with the company’s ticker symbol and will delete the company’s name from the list of non-compliant companies on the NYSE web site.