Market Pulse
October 30, 2008|Steve Goldstein
LONDON (MarketWatch) -- The Royal Bank of Scotland is adjusting the ratio of its U.S.-listed shares to its locally listed ones "to maintain an appropriate price range. Effective Nov. 7, each New York-listed RBS shares (US:rbs) will be worth 20 London-listed RBS shares (UK:rbs). Existing ADR holders will receive one 'New' ADS for every twenty 'Old' ADSs surrendered for cancellation.
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