NYSE Files Form 25 to Delist Clear Channel Outdoor Common Stock

What happened

The New York Stock Exchange filed a Form 25 with the Securities and Exchange Commission on October 15, 2026, notifying the regulator that it is removing Clear Channel Outdoor Holdings, Inc.'s common stock from listing and registration on the exchange, according to the filing.

The filing identifies Clear Channel Outdoor Holdings as the issuer and lists its address as 4830 North Loop 1604 W, San Antonio, Texas. The class of securities named in the notice is Common Stock. The form was signed by Nadia Surges, an analyst at the NYSE.

The filing states that the exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration under 17 CFR 240.12d2-2(b).

About the company

Clear Channel Outdoor Holdings, Inc. is an advertising services company. Its shares traded on the New York Stock Exchange under the ticker CCO.

What this means

A Form 25 is the document used to remove a security from an exchange listing and from registration under Section 12(b) of the Securities Exchange Act of 1934. Either the company itself or the exchange can file the form. In this case, the filer is the NYSE, not the company, which indicates the exchange is taking the action rather than the issuer requesting a voluntary withdrawal.

The form contains checkboxes for the specific rule the exchange relies on. The filing text identifies 17 CFR 240.12d2-2(b) as the provision under which the exchange has acted. Under that rule, an exchange may strike a security when the issuer is no longer eligible for listing or has failed to comply with listing requirements.

This is a delisting of common stock, which is the type of Form 25 that signals a company's shares are being removed from an exchange. It is different from a Form 25 filed for debt securities such as notes or bonds approaching maturity, which typically reflects a scheduled repayment rather than a company leaving the exchange.

Once a Form 25 is filed, the security's removal from listing typically becomes effective ten days later, and its registration under Section 12(b) is withdrawn unless the SEC objects. After that, the shares may trade on the over-the-counter market, but that is a separate registration and quoting process.

The filing does not state the reason the NYSE is delisting the stock. The sources available here do not establish why the exchange acted. Readers seeking the cause should refer to the company's own public statements or other filings.