Listing Alert

MIAX Sapphire

December 11, 2024 | 01:36 PM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Rayonier Inc. (RYN)

Rayonier Inc. (RYN) has announced a Special Cash Dividend effective for Thursday, December 12, 2024. On that date, the current RYN option class will change to RYN1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list RYN1 options. Therefore, no options on RYN will be available for trading on Thursday, December 12, 2024. 

Rayonier Inc. (RYN) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Friday, December 13, 2024.

All GTC orders resting on the MIAX order books in RYN will be canceled at the close of business on Wednesday, December 11, 2024.

Additional details about the Rayonier Inc. (RYN) dividend are provided in the attached OCC Memo.

Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.