Overseas Shipholding Group approved to transfer to NYSE “Big Board”
Overseas Shipholding Group, Inc. has been approved by the New York Stock Exchange (“NYSE”) to transfer its stock listing to the NYSE from the NYSE MKT, the company said in its press release. OSG’s common stock, which will continue to trade under the ticker symbol OSG, is expected to commence trading on the NYSE effective Tuesday, June 28, 2016. Prior to that date, OSG’s common stock will remain on the NYSE MKT, but trading on the NYSE MKT will cease concurrent with the listing of its common stock on the NYSE.
The approval to transfer its listing to the NYSE is contingent upon OSG being in compliance with all applicable listing standards on the date it begins trading on the NYSE, and may be rescinded if OSG is not in compliance with such standards on that date.
OSG provided the NYSE with additional information upon which the NYSE relied to list the common stock. Such information is included in OSG’s original listing application and is available to the public upon request.
About OSG
Overseas Shipholding Group, Inc. is a publicly traded tanker company providing energy transportation services for crude oil and petroleum products in the U.S. and International Flag markets. OSG is committed to setting high standards of excellence for its quality, safety and environmental programs. OSG is recognized as one of the world’s most customer-focused marine transportation companies and is headquartered in New York City, NY.
