Albany International Corp. announced that it plans to voluntarily withdraw its Class A Common Stock from listing on NYSE Arca Inc, formerly the Pacific Exchange.
Albany's Class A Common Stock will continue to be listed on the New York Stock Exchange.
The decision was made to eliminate duplicative administrative requirements inherent with dual listings as a result of the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca.
NYSE Arca will continue trading Albany's Class A Common Stock on an unlisted basis.
Albany International Corp