Rite Aid Regains Full Compliance with NYSE Minimum Average Share Price Listing Standard
May 01 2019 - 4:15PM
Business Wire
Rite Aid Corporation (NYSE: RAD) announced today that the New
York Stock Exchange (NYSE) has notified the company that it is has
regained full compliance with NYSE minimum average share price
listing requirements.
Rite Aid received written notification on May 1, 2019 that it
has regained compliance after the Company’s average stock price for
the 30-trading days ended April 30, 2019 was above the NYSE’s
minimum requirement of $1. The company, which has continued to
trade on the NYSE, is now in compliance with all NYSE listing
rules.
About Rite Aid Corporation
Rite Aid Corporation (NYSE: RAD) is one of the nation's leading
drugstore chains with fiscal 2019 annual revenues of $21.6 billion.
Information about Rite Aid, including corporate background and
press releases, is available through the company's website at
www.riteaid.com.
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