Diebold says NYSE listing extended

Diebold Inc. has been given more time as it seeks to maintain its listing on the New York Stock Exchange, the company said.

The maker of ATMs, voting machines and business security systems said the NYSE has granted an extension through Oct. 31. The exchange first gave Diebold a warning about six months ago to become current with its filings to the Securities and Exchange Commission.

The company based in North Canton, Ohio, expects to file its delinquent financial statements this month, following an internal review of accounting issues. Diebold must file its annual report for last year and its quarterly reports going back to the second quarter of last year.

The filings were delayed over SEC concerns about how Diebold had been reporting revenue.

ADVERTISEMENT

Hartford, Conn.-based United Technologies Corp., which has made an unsolicited takeover offer to Diebold, has also been demanding the unavailable financial data.

Diebold shares Wednesday closed down $1.93, or nearly 6 percent, to $31.25.

Learn more about: