Foot Locker (NYSE: FL) common stock slated for NYSE delisting
Rhea-AI Filing Summary
Foot Locker, Inc. is having its common stock removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The Form 25 states that the Exchange has followed its own rules and the applicable SEC requirements to strike this class of securities from the NYSE.
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- None.
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- Foot Locker common stock removed from NYSE — the New York Stock Exchange has filed Form 25 to strike Foot Locker, Inc. common stock from listing and registration under Section 12(b) of the Exchange Act, a materially adverse development for an NYSE-listed issuer.
Insights
Foot Locker’s common stock is being removed from NYSE listing and registration.
The notification shows Foot Locker, Inc. common stock will be stricken from listing and registration on the New York Stock Exchange under Section 12(b) of the Exchange Act. The NYSE certifies it has complied with its own rules and SEC Rule 12d2-2 procedures.
Delisting from a major exchange is typically significant because it can affect trading liquidity, index inclusion, and the investor base. The filing does not state the underlying reason for the removal, so the broader implications would depend on additional company or exchange disclosures outside this document.