NYSE to commence delisting proceedings against Regis

The New York Stock Exchange announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Regis Corporation – ticker symbol RGS – from the NYSE. “NYSE Regulation has determined that the company is no longer suitable for listing pursuant to Section 802.02 of the Listed Company Manual as the company was unable to demonstrate that it had regained compliance with the applicable listing standard by the expiration of the maximum plan period… The company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange,” the NYSE stated.