Becton Dickinson's 0.034% Notes (2025) Notified for NYSE Delisting
Rhea-AI Filing Summary
Becton, Dickinson and Company (BDX) has a class of debt securities, the 0.034% Notes due 2025, that the New York Stock Exchange has notified for removal from listing and registration by filing Form 25. The Exchange states it complied with rules governing delisting and the filing records that the issuer complied with the Exchange's requirements under 17 CFR 240.12d2-2(c) while the Exchange referenced compliance under 17 CFR 240.12d2-2(b).
Positive
- Exchange and issuer compliance with the cited regulatory provisions is explicitly stated
- Specific security class identified: 0.034% Notes due 2025, providing clarity on what is being delisted
Negative
- None.
Insights
TL;DR Form 25 notifies removal of BDX's 0.034% Notes due 2025 from NYSE listing; the Exchange and issuer state regulatory compliance.
The filing is a procedural notice that a specific debt class will be struck from listing and registration. It identifies the security class explicitly and cites the Exchange's and issuer's compliance with 17 CFR provisions. For investors, the document itself is informational about the change in listing status; it does not disclose price, trading conditions, or reasons beyond compliance statements.
TL;DR NYSE's Form 25 documents delisting of BDX's 0.034% Notes due 2025 and affirms procedural compliance by both parties.
This notice records that the Exchange has reasonable grounds to file Form 25 and that the issuer met the Exchange's voluntary withdrawal requirements under cited rules. The filing references specific regulatory provisions, signaling a formal, rule-based process. The filing contains no additional corporate governance changes or disclosures beyond the delisting certification.