[Federal Register Volume 66, Number 151 (Monday, August 6, 2001)]
[Notices]
[Page 41056]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-19578]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration on the Pacific Exchange (Lowe's Companies, Inc., 
Common Stock, $.50 Par Value) File No. 1-7898

July 31, 2001.
    Lowe's Companies, Inc., a North Carolina corporation (``Issuer''), 
has filed an application with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw 
its Common Stock, $.50 par value, (``Security''), from listing and 
registration on the Pacific Exchange (``PCX'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Issuer stated in its application that it has met the 
requirements of the PCX's rules governing an issuer's voluntary 
withdrawal of a security from listing and registration. In a letter 
dated July 23, 2001, the PCX approved the Issuer's request to be 
removed from listing and registration on the PCX.
    The Issuer stated that it made the decision to withdraw the 
Security from listing on the Exchange because it no longer deemed it 
necessary for the benefit of its shareholders to list its share on the 
PCX. According to the Issuer, the expense of registration outweighed 
any value to its shareholders. The Issuer represents that the Security 
will continue to be listed and traded on the New York Stock, Inc. 
(``NYSE''). The application relates solely to the withdrawal of the 
Security from listing on the PCX and shall have no effect upon its 
listing on the NYSE or its registration under section 12(b) of the 
Act.\3\
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    \3\ 15 U.S.C. 78l(b).
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    Any interested person may, on or before August 17, 2001 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the PCX 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.\4\
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    \4\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 01-19578 Filed 8-3-01; 8:45 am]
BILLING CODE 8010-01-M