TROY, Mich. -- The New York Stock Exchange (NYSE) has approved the listing of shares of Delphi common stock to be issued upon its emergence from Chapter 11 reorganization proceedings, in accordance with the company’s previously announced confirmed plan of reorganization.

Delphi said it intends to emerge from Chapter 11 “as soon as practicable” upon satisfaction of the conditions to emergence set forth in the First Amended Plan of Reorganization, which was confirmed by the Bankruptcy Court on Jan. 25.

NYSE listing is subject to official notice of issuance.