Delphi Announces Listing on the Pink Sheets and New Ticker Symbol
![]() |
Company Common Shares Trading Under New Symbol DPHIQ
TROY, Mich., Oct. 11 -- Delphi Corporation , announced that effective today the Company's common stock will be traded under the symbols DPHIQ on the Pink Sheets.
In light of Delphi's voluntary filing for relief under chapter 11 of the Bankruptcy Code announced on October 8, 2005, Delphi has determined it will not request a hearing to appeal the NYSE's determination to suspend its securities including its 6 1/2% Notes due May 1, 2009, its 7 1/8% debentures due May 1, 2029 and the 8.25% Cumulative Trust Preferred Securities of Delphi Trust I, from being traded on the New York Stock Exchange.
Delphi preferred shares are also trading on the Pink Sheets under the symbol DPHAQ.
Pink Sheets(R) LLC is the leading provider of pricing and financial information for the over-the-counter (OTC) securities markets. For more information please visit www.pinksheets.com.
There is no assurance as to what values, if any, will be ascribed in the chapter 11 cases as to the value of Delphi's existing common stock and/or any other Delphi securities. Accordingly, the company urges that the appropriate caution be exercised with respect to existing and future investments in any of these securities as the value and prospects are highly speculative.
More information on Delphi's U.S. restructuring, including access to Court documents and other general information about the chapter 11 cases, is available at www.delphidocket.com. Delphi has also set up two separate toll-free information lines: one for specific supplier inquiries, 866-688-8679 or 248-813-2601, and another for employees, customers, shareholders and other interested parties, 866-688-8740 or 248-813-2602.