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Steelcase (NYSE: SCS) to remove Class A common stock from NYSE listing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
25-NSE

Rhea-AI Filing Summary

Steelcase Inc. is having its Class A 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 exchange filed Form 25 and states it has followed its own rules to strike this class of securities. The company is also stated to have complied with the exchange’s rules and SEC requirements governing voluntary withdrawal of this class from listing and registration.

Positive

  • None.

Negative

  • None.

Insights

Steelcase’s Class A stock is being delisted from the NYSE under Section 12(b).

The New York Stock Exchange has filed Form 25 to remove Steelcase Inc. Class A common stock from listing and registration under Section 12(b) of the Exchange Act. The language notes that the exchange has complied with its own rules for striking the class of securities from listing and/or withdrawing registration.

The text also states that Steelcase has complied with the exchange’s rules and SEC requirements for voluntary withdrawal of the class from listing and registration. This points to an issuer-involved delisting process rather than an involuntary removal for non-compliance, although no reasons or future trading venue are specified in the excerpt. Actual impact on shareholders will depend on where and how the shares trade after NYSE removal, which is not detailed here.

UNITED STATES
OMB APPROVAL
OMB Number: 3235-0080
Expires: March 31, 2018
Estimated average burden
hours per response: 1.7
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 25
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 001-13873
Issuer: STEELCASE INC
Exchange: NEW YORK STOCK EXCHANGE LLC
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
Address: 901 44th Street
Grand Rapids MICHIGAN 49508
Telephone number: 616-247-2710
(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)
Class A Common Stock
(Description of class of securities)
Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:
17 CFR 240.12d2-2(a)(1)
17 CFR 240.12d2-2(a)(2)
17 CFR 240.12d2-2(a)(3)
17 CFR 240.12d2-2(a)(4)
Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1
Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.
Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.
2025-12-10 By Anthony Sozzi Analyst, Market Watch
Date Name Title
1 Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What action is Steelcase Inc. (SCS) taking with its Class A common stock?

Steelcase Inc. is having its Class A common stock removed from listing and registration on the New York Stock Exchange through a Form 25 filed under Section 12(b) of the Exchange Act.

Which exchange is affected by the Steelcase (SCS) Form 25 filing?

The New York Stock Exchange LLC is affected, as it is the exchange from which Steelcase’s Class A common stock is being removed from listing and registration.

Is the Steelcase (SCS) delisting described as voluntary in the document?

The text cites 17 CFR 240.12d2-2(c) and states that the issuer has complied with the exchange’s rules and SEC requirements governing the voluntary withdrawal of the class of securities from listing and registration.

Who submitted the Form 25 for Steelcase Inc.?

The notification is certified on behalf of the New York Stock Exchange LLC, which states it has reasonable grounds to believe it meets all requirements for filing Form 25.

Which class of Steelcase (SCS) securities is being removed from NYSE listing?

The filing covers Steelcase Inc. Class A Common Stock, which is identified as the class of securities being removed from listing and registration on the New York Stock Exchange.

Under what legal authority is Steelcase’s Class A stock being removed from NYSE listing?

The removal is made under Section 12(b) of the Securities Exchange Act of 1934 and related rules, including 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c).
Steelcase

NYSE:SCS

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SCS Stock Data

1.85B
98.74M
12.52%
82.39%
1.87%
Furnishings, Fixtures & Appliances
Office Furniture (no Wood)
Link
United States
GRAND RAPIDS