Decatur, Illinois, May 7 - Archer Daniels Midland Company today announced that it has provided notice to the Chicago Stock Exchange of its intention to delist all of its shares from that exchange. The Company will continue to list its shares on the New York Stock Exchange, its primary listing exchange, under ticker symbol ADM.
ADM is withdrawing from the Chicago Stock Exchange because the Company does not need a secondary listing on the Chicago Stock Exchange given its ongoing primary listing on the New York Stock Exchange. The withdrawal is expected to be effective in approximately three weeks.
Archer Daniels Midland Company (ADM) is the world leader in BioEnergy and has a premier position in the agricultural processing value chain. ADM is one of the world's largest processors of soybeans, corn, wheat and cocoa. ADM is a leading manufacturer of biodiesel, ethanol, soybean oil and meal, corn sweeteners, flour and other value-added food and feed ingredients. Headquartered in Decatur, Illinois, ADM has over 27,000 employees, more than 240 processing plants and net sales for the fiscal year ended June 30, 2007 of $44 billion.