NYSE delisting plan triggers after-hours share surge.
Context
What happened: SITE Centers (SITC) said it plans to voluntarily delist its common shares from the NYSE after a special distribution declared on October 15, 2026. Delisting is expected before trading begins on December 4, 2026.
Key numbers: Special distribution declared October 15, 2026. Delisting expected before trading opens December 4, 2026. Shares rose about 19% to about $3.58 in after-hours trading.
Why it matters: The company has not arranged for its shares to trade on another exchange or quotation platform. The stock moved higher in after-hours trading following the announcement.
What changed
SITE Centers (SITC) said it plans to voluntarily delist its common shares from the NYSE after a special distribution declared on October 15, 2026. Delisting is expected before trading begins on December 4, 2026.