Leggett & Platt (NYSE: LEG) completes voluntary NYSE delisting
Rhea-AI Filing Summary
LEGGETT & PLATT INC (LEG) is having its common stock removed from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934. The New York Stock Exchange LLC states it has complied with its rules to strike this class of securities, and the company has complied with the Exchange’s rules and SEC Rule 12d2-2(c) governing voluntary withdrawal.
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Negative
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Key Terms
Form 25, Section 12(b) of the Securities Exchange Act of 1934, 17 CFR 240.12d2-2, voluntary withdrawal
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b)"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities"
FAQ
What does LEGGETT & PLATT INC (LEG) report in this Form 25 filing?
The filing reports that LEGGETT & PLATT INC’s common stock is being removed from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934, with the New York Stock Exchange LLC certifying compliance with applicable rules for this action.
Which securities of LEG (LEGGETT & PLATT INC) are affected by this Form 25?
The filing covers LEGGETT & PLATT INC’s common stock. This class of securities is being struck from listing and/or withdrawn from registration on the New York Stock Exchange LLC under Section 12(b) procedures.
Is the delisting of LEGGETT & PLATT INC (LEG) described as voluntary?
The document states that LEGGETT & PLATT INC has complied with the Exchange’s rules and the requirements of 17 CFR 240.12d2-2(c), which governs the voluntary withdrawal of a class of securities from listing and registration.
What role does the New York Stock Exchange play in LEG (LEGGETT & PLATT INC)’s Form 25?
The New York Stock Exchange LLC certifies that it has complied with its rules to strike the class of securities from listing and that it has reasonable grounds to believe it meets all requirements for filing Form 25 on behalf of LEGGETT & PLATT INC.
AI-generated analysis. How Rhea-AI works. Not financial advice.
