No Delisting for Freddie Mac Inc. FRE Stock

September 4, 2009 - Shares of Freddie Mac (FRE) are surging in pre market after it has regained minimum share price compliance and will not be delisted nor have to do a reverse split.

On September 3, 2009, Freddie Mac was notified by the New York Stock Exchange that it had returned to compliance with the NYSE’s minimum share price listing requirement. In a September 3 letter to the company, the NYSE said that a review as of August 31, 2009, showed that Freddie Mac’s average share price over the preceding 30 trading days and its closing share price on that date were both more than $1.00, above the NYSE’s minimum requirement


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