A large financial services company is changing the way it lists its shares.
Lincoln National Corp., Philadelphia, says it will be taking its stock listing off the NYSE Arca Inc. exchange, which used to be known as the Pacific Stock Exchange.
Lincoln shares have been trading on the Pacific Stock Exchange since 1985.
Lincoln will continue to keep its main listing, on the New York Stock Exchange.
“Lincoln can continue to meet investor needs by maintaining its current NYSE listing while lowering costs and eliminating duplicative compliance burdens,” Lincoln says.