D

Glossary · PSX term

Delisting.

Delisting is the removal of a company's shares from trading on the exchange.

Definition

A company can be delisted voluntarily, for example after a buyout, or involuntarily by the PSX for breaching listing rules. Once delisted, shares are no longer traded on the open market, which can sharply reduce their liquidity.

Worked example

If a majority owner buys out minority holders and takes a company private, the stock is delisted from the PSX.

Related on PSX Clarity

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