Suntech regains compliance with NYSE minimum share price requirement

theflyonthewall.com

Suntech Power announced that it has regained compliance with the New York Stock Exchange's quantitative continued listing requirements. In a letter dated January 8, NYSE notified the company that a calculation of Suntech's average stock price for the 30 trading-days ended December 31 indicated that its stock price was above the NYSE's minimum requirement of $1 based on a 30 trading-day average.

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