Listing Alert
MIAX Pearl
April 17, 2024 | 11:40 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Gerdau S.A. (GGB)
Gerdau S.A. (GGB) has announced a Stock Dividend effective for Thursday, April 18, 2024. On that date, the current GGB option class will change to GGB1. The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list GGB1 options. Therefore, no options on GGB will be available for trading on Thursday, April 18, 2024.
Gerdau S.A. (GGB) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Friday, April 19, 2024.
All GTC orders resting on the MIAX order books in GGB will be canceled at the close of business on Wednesday, April 17, 2024.
Additional details about the Gerdau S.A. (GGB) dividend are provided in the attached OCC Memo.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.