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Alpha to submit plan to cure NYSE listing deficiency

By:  
Creamer Media Deputy Editor: North America
 
CONTINUED LISTING REQUIREMENTS
Alpha Natural Resources on Friday said it planned to notify the NYSE of its intent to cure the deficiency with regard to its share price and restore its compliance, and would submit a plan outlining the actions it intended to take to do so. The NYSE notified the US coal producer that its common stock had not satisfied one of the exchange’s standards for continued listing, which required the average closing price of a listed company's common stock to be at least $1 a share over any consecutive 30-day trading period.
 
 
 
 
 

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