Interpublic Group (IPG) common stock delisting and deregistration from NYSE
Rhea-AI Filing Summary
Interpublic Group of Companies, Inc. (IPG) has had its common stock targeted for removal from listing and/or registration on the New York Stock Exchange LLC. The exchange filed a Form 25 under Section 12(b) of the Securities Exchange Act of 1934, which is the formal notice used to strike a class of securities from listing and withdraw its registration on that exchange.
The filing states that the NYSE has complied with its own rules and the requirements of 17 CFR 240.12d2-2 for removal, and that the issuer has complied with applicable exchange rules and regulatory requirements governing voluntary withdrawal from listing and registration. The document is signed on behalf of the NYSE by an authorized representative, confirming the exchange’s basis for filing this notification.
Positive
- None.
Negative
- None.
Insights
IPG’s common stock is being removed from NYSE listing and registration.
The notice shows that Interpublic Group of Companies, Inc. common stock is being removed from listing and/or registration on the New York Stock Exchange through a Form 25 filing under Section 12(b). This is the standard regulatory mechanism an exchange uses to strike a security from its rolls once procedural conditions are satisfied.
The language cites compliance with 17 CFR 240.12d2-2(b) and (c), indicating both the exchange and issuer have followed required rules for removal and voluntary withdrawal. The excerpt does not specify the underlying reason, such as a transfer to another market or a broader restructuring, so any interpretation of motive would go beyond what is disclosed.
For investors, the key fact is that the NYSE has certified it meets the criteria to file Form 25 and has an authorized person sign the notification. Subsequent company or exchange communications and future filings would be the place to see where, if anywhere, IPG’s common stock will trade following this delisting and deregistration step.
FAQ
What does the Form 25 filing mean for Interpublic Group of Companies (IPG)?
The Form 25 filing states that Interpublic Group of Companies, Inc. common stock is being removed from listing and/or registration on the New York Stock Exchange LLC under Section 12(b) of the Securities Exchange Act of 1934.
Which class of Interpublic Group (IPG) securities is affected by this Form 25?
The filing identifies Common Stock of Interpublic Group of Companies, Inc. as the class of securities subject to removal from NYSE listing and/or registration.
Who initiated the removal of IPG common stock from the New York Stock Exchange?
The New York Stock Exchange LLC filed the Form 25 and certified that it has reasonable grounds to believe it meets all the requirements for filing the notification.
Has Interpublic Group (IPG) complied with the rules for voluntary withdrawal from NYSE listing?
Yes. The document states that the issuer has complied with the rules of the Exchange and the requirements of 17 CFR 240.12d2-2(c) governing voluntary withdrawal of the class of securities from listing and registration.
Which regulations govern the delisting of IPG common stock from the NYSE?
The removal is described as being carried out under 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c), which specify procedures for exchange-initiated removal and issuer voluntary withdrawal of a security from listing and registration.
Who signed the Form 25 for the removal of IPG common stock from NYSE?
The notification was signed on behalf of New York Stock Exchange LLC by an authorized person identified as an Analyst, Market Watch, certifying the exchange’s compliance with the requirements for filing Form 25.