The company's subordinate voting shares will continue to be listed on the Toronto Stock Exchange, where they will be traded in both Canadian and U.S. dollars.

The delisting on the New York Stock Exchange is expected to be effective December 10.

In a statement, Fairfax chairman and chief executive Prem Watsa said that while the company’s decentralized operations have global reach, after reviewing the factors relevant to its continued listing on the New York Stock Exchange, they determined that the company and its shareholders will be better served by the simplified focus and lower cost resulting from the maintenance of only our original TSX listing.