NYSE delists TrueBlue (NYSE: TBI) preferred stock purchase rights
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
TrueBlue, Inc. notified the removal of its Preferred Stock Purchase Rights from listing and registration on the New York Stock Exchange. The Exchange and the issuer certified that each complied with the rules governing voluntary withdrawal and the Exchange's procedures.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-14543
Expiration date on form: March 31, 2018
Issuer telephone: (253) 383-9101
3 metrics
Commission File Number
001-14543
Form 25 cover line
Expiration date on form
March 31, 2018
form expiration footer
Issuer telephone
(253) 383-9101
issuer principal executive offices
Key Terms
Form 25, Preferred Stock Purchase Rights, 17 CFR 240.12d2-2
3 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.
Preferred Stock Purchase Rights financial
"Preferred Stock Purchase Rights (Description of class of securities)"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
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.
FAQ
Who certified the removal of TrueBlue's Preferred Stock Purchase Rights?
The New York Stock Exchange LLC certified the removal. The filing shows an Exchange official signed to confirm compliance with exchange rules and the relevant SEC withdrawal provisions.
Which class of securities was removed in the Form 25 for TBI?
The filing identifies the class as Preferred Stock Purchase Rights. The Form 25 explicitly lists that description as the class of securities subject to withdrawal from listing and registration.
Which rules govern the withdrawal referenced in TrueBlue's Form 25?
The filing cites 17 CFR 240.12d2-2 and related subsections. It also notes the Exchange complied with its rules to strike the class from listing and that the issuer met Exchange requirements for voluntary withdrawal.