Buyout/Delist

Buyout/Delist

Every day, stocks delist because they are acquired, merge with another firm, reorganize or go bankrupt. If a stock is delisted, the security is removed from the exchange on which it trades. 

 Note: Any open positions under the delisted symbol will be closed out at the specified price on the evening of the action date.

How to Enter a Buyout/Delist

Step 1: Navigate to the Audit / Corporate Actions page.

Step 2: Select Action: Buyout/Delist.

Step 3: Enter in the Symbol, Price, and Action Date of the last day the security traded before it was bought out or delisted. 

Click Preview to review changes and confirm.