MoreKEMET Corp. announced that its common stock has been approved for listing on the New York Stock Exchange (NYSE). KEMET will retain its current trading symbol, “KEM.”
“We are extremely pleased to be returning to the NYSE,” said Per Loof, CEO. “Our company has taken many actions over the course of the past two years to mitigate the effects of the worldwide recession. Today, our efficiencies and cash management are greatly improved and we have significantly reduced our cost structure. We are a stronger company today than we were two years ago. Returning to the NYSE will aid in bringing back visibility of the KEMET story to a larger circle of institutional investors and industry analysts.”
For additional details, visit www.kemet.com.
“We are extremely pleased to be returning to the NYSE,” said Per Loof, CEO. “Our company has taken many actions over the course of the past two years to mitigate the effects of the worldwide recession. Today, our efficiencies and cash management are greatly improved and we have significantly reduced our cost structure. We are a stronger company today than we were two years ago. Returning to the NYSE will aid in bringing back visibility of the KEMET story to a larger circle of institutional investors and industry analysts.”
For additional details, visit www.kemet.com.
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