Delisting is the process where a company's shares are removed from the stock exchange, meaning they are no longer available to buy or sell publicly.
What does “delisting” or “exclusion” mean?
It’s basically the act of taking a company off the market. The shares are no longer listed or tradable.
(Think of it like an “excision” — a removal or separation from the market.)
Why does it happen?
In many cases, especially with U.S. companies, delisting happens when a company gets acquired by a larger one.
As a shareholder, you don’t lose your investment. Instead of your old shares, you receive shares of the acquiring company or their cash equivalent.
Real example
The company Xilinx was acquired by AMD, which caused XLNX shares to be delisted.
For every XLNX share, shareholders received 1.7234 AMD shares. On Libertex, this was handled as:
1 full AMD share
A fractional share paid in cash
💡 So, if you had 100 XLNX shares, you received:
172 AMD shares
$38.85 in cash (for 0.34 AMD shares valued at $114.27)
Your XLNX shares were then automatically removed from your account.
How does Libertex handle it?
To make things easier and faster, and because the new shares may not be available on the platform right away, Libertex gives you the cash equivalent of those new shares. No delays, no manual calculations.