What are Delisted Shares?
Delisting refers to the practice of removing the shares of a Company from Stock Exchange so that the investors can no longer trade shares of the stock in the exchange. This typically occurs when a Company goes out of business, declares bankruptcy, no longer satisfies the listing rules of the Stock Exchange, or has become a private Company after a merger or acquisition or wants to reduce regularly reporting complexities and overhead or if the or if the stock volumes on the exchange from which it wishes to delist are not significant. Delisting does not necessarily mean a change in company's core strategy.
