TotalEnergies SE (TOT) ADS set for NYSE removal under Section 12(b)
Rhea-AI Filing Summary
TotalEnergies SE is having its American Depositary Shares, each representing one ordinary share, removed from listing and/or registration on the New York Stock Exchange LLC. The exchange filed a Form 25 notification, stating it has complied with its own rules and with 17 CFR 240.12d2-2(b) to strike this class of securities, and that the issuer has complied with exchange rules and 17 CFR 240.12d2-2(c) for a voluntary withdrawal. The filing is signed on behalf of the New York Stock Exchange by an authorized analyst, confirming the exchange believes it meets all requirements to remove the ADSs under Section 12(b) of the Securities Exchange Act of 1934.
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Insights
TotalEnergies’ ADSs are being removed from NYSE listing, shifting how U.S. investors can trade them.
The notification states that American Depositary Shares of TotalEnergies SE, each representing one ordinary share, are being removed from listing and/or registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The exchange certifies compliance with its own rules and with
For investors, this changes the trading venue for the ADSs rather than the underlying company fundamentals. The key effect is that NYSE trading access for these ADSs will cease following effectiveness of the Form 25 process, so investors who use this listing may need to adapt to alternative trading arrangements that the company or depositary may support, as applicable.
FAQ
What does TotalEnergies SE (TOT) announce in this Form 25 filing?
The filing states that TotalEnergies SE is having its American Depositary Shares, each representing one ordinary share, 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 TotalEnergies SE (TOT) securities are affected by this NYSE Form 25?
The action applies to American Depositary Shares of TotalEnergies SE, with each ADS representing one ordinary share, as described in the notification.
Who is initiating the delisting of TotalEnergies SE (TOT) ADSs from the NYSE?
The document is a Form 25 filed by the New York Stock Exchange LLC, which certifies that it has complied with its rules to strike this class of securities and that the issuer has complied with the exchange’s rules for voluntary withdrawal.
Under which regulations is TotalEnergies SE (TOT) ADS delisting being carried out?
The notification references 17 CFR 240.12d2-2(b) for the exchange’s action to strike the securities and 17 CFR 240.12d2-2(c) for the issuer’s voluntary withdrawal from listing and registration.
What does removal from listing and/or registration on the NYSE mean for TotalEnergies SE (TOT) ADSs?
Removal from listing and/or registration under Section 12(b) means the ADSs will no longer be listed for trading on the New York Stock Exchange, as certified in the Form 25 notification.
Who signed the NYSE Form 25 related to TotalEnergies SE (TOT)?
The Form 25 is signed on behalf of New York Stock Exchange LLC by Tyler Mastronardi, identified as an Analyst, Market Watch, as the duly authorized person.