NYSE suspends Annuity & Life Re shares
The New York Stock Exchange (NYSE) has announced the suspension Annuity & Life Re’s common shares. The company has not protested the suspension.
The suspension was due to the fact that Annuity Life & Re’s average closing price has been less than $1.00 over a consecutive 30-trading-day period.This is the second time in a year that Annuity & Life Re’s shares have been below this standard. The previous occurence took place between April and October 2003. The NYSE has the authority to suspend a security if it believes that continued dealings in the security on the NYSE are not advisable.
Recent comments
Most read
Most commented
Whatever happened to Bob?
Jonathan Swift tracked down former RSA CEO Bob Mendelsohn as the company celebrates its 300th anniversary, to find out what he has been doing.
Events
10 Sep 2010 , London
Related articles
Comment
Quote of the week
I find it surprising that people want to spend £100 000 buying a Japanese car, but would be worried talking to someone in India about a component of a £100 insurance policy.
John Hodgson, operations and change director, Aviva
Interview
Interview - Ken MacDonald: Keeping it simple
As former chief exec of Aon Global UK, Ken MacDonald has been refreshed by a return to a private company. Lynn Rouse talks...
Analysis
Updating your subscription status 
Advertisement
Digital edition
Register now to receive a digital edition of Post every week or Reinsurance magazine every month
Events
10 Sep 2010 , London
Related jobs
Advertisement
