Hanesbrands Inc. (HBI) common stock set for removal from NYSE listing
Rhea-AI Filing Summary
Hanesbrands Inc. filed a Form 25 indicating that its common stock is being removed from listing and/or registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The form identifies Hanesbrands' common stock as the affected class of securities and states that the exchange has complied with its rules for striking the class from listing and/or withdrawing registration. It also notes that the issuer has complied with the exchange’s rules and the requirements of Rule 12d2-2(c) governing withdrawal of the class of securities from listing and registration.
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- Hanesbrands Inc. common stock is being removed from listing and/or registration on the New York Stock Exchange, reducing its presence on a major national exchange.
Insights
Hanesbrands' common stock is being removed from NYSE listing and registration.
The Form 25 states that Hanesbrands Inc. common stock will be removed from listing and/or registration on the New York Stock Exchange under Section 12(b) of the Exchange Act. This is a significant change because NYSE is a major national securities exchange, and delisting typically shifts trading to less prominent venues.
The notification explains that the exchange has complied with its rules to strike the class from listing and/or withdraw registration, and that the issuer has complied with exchange rules and Rule 12d2-2(c) regarding withdrawal. The filing itself does not describe the reasons, subsequent trading venue, or any impact on shareholders; actual effects depend on where and how the shares trade after removal and any related company actions disclosed in future filings.