Hillenbrand (NYSE: HI) common stock removed from NYSE listing
Rhea-AI Filing Summary
Hillenbrand, Inc. has had its common stock removed from listing and registration on the New York Stock Exchange LLC under Section 12(b) of the Securities Exchange Act of 1934. The notification on Form 25 states that the Exchange has complied with its rules and the requirements of Rule 12d2-2 for striking this class of securities.
Positive
- None.
Negative
- Hillenbrand, Inc. common stock removed from NYSE listing and registration, which generally reduces trading visibility and access associated with a major exchange.
Insights
Hillenbrand common stock is being removed from NYSE listing and registration.
The document shows that Hillenbrand, Inc. common stock is being struck from listing and registration on the New York Stock Exchange under Section 12(b) of the Exchange Act. The Exchange certifies it has followed Rule 12d2-2 procedures for this action.
Removal from a major exchange typically reduces trading convenience and visibility for a company’s shares, although the document does not state any new trading venue or reason. The change is formalized through Form 25, signed on behalf of NYSE, and represents a material change in how the stock is listed.
FAQ
What change is disclosed for Hillenbrand (HI) in this Form 25?
Which Hillenbrand (HI) security is affected by this NYSE action?
What legal basis is cited for removing Hillenbrand (HI) from NYSE?
Who filed the Hillenbrand (HI) Form 25 notification?
Does the Form 25 mention Hillenbrand’s address and contact details?