CBL Properties Wednesday announced that the New York Stock Exchange has notified the company that, based on CBL’s common stock price, it has regained full compliance with NYSE continued listing criteria.
CBL received written notification from the NYSE on Tuesday that it regained compliance after the company’s average stock price for the 30-trading-day period ended Sept. 30, as well as the closing price on that date, were above the NYSE’s minimum listing criteria of $1.00.
The company, which has continued to trade on the NYSE since falling below the minimum share price, is now in compliance with all NYSE listing criteria.