96-30680. Issuer Delisting; Notice of Application To Withdraw From Listing and Registration; (Technitrol, Inc., Common Stock, $0.125, Par Value; Common Stock Purchase Rights) File No. 1-5375

[Federal Register Volume 61, Number 233 (Tuesday, December 3, 1996)]
[Notices]
[Page 64183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-30680]


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SECURITIES AND EXCHANGE COMMISSION

Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Technitrol, Inc., Common Stock, $0.125, Par Value; 
Common Stock Purchase Rights) File No. 1-5375

November 26, 1996.
    Technitrol, Inc. (``Company'') has filed an application with the 
Securities and Exchange Commission (``Commission''), pursuant to 
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 
12d2-2(d) promulgated thereunder, to withdraw the above specified 
securities (``Securities'') from listing and registration on the 
American Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing the 
Securities from listing and registration include the following:
    The decision of the Board on this matter followed a study and was 
based upon the belief that listing the Common Stock on the NYSE will be 
more beneficial to shareholders of the Company for the following 
reasons:
    1. The Company believes that listing its Common Stock on the NYSE 
will result in increased visibility and sponsorship for the Common 
Stock of the Company that is presently available on the Amex.
    2. The Company believes that the NYSE will offer the Company's 
shareholders more liquidity than is presently available on the Amex and 
less volatility in quoted prices per share when trading volume is 
light.
    Any interested person may, on or before December 18, 1996, submit 
by letter to the Secretary of the Securities and Exchange Commission, 
450 Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon 
whether the application has been made in accordance with the rules of 
the exchanges and what terms, if any, should be imposed by the 
Commission for the protection of investors. The Commission, based on 
the information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 96-30680 Filed 12-2-96; 8:45 am]
BILLING CODE 8010-01-M