Listing Alert
MIAX Pearl
August 01, 2017 | 10:38 AM
MIAX Options and MIAX PEARL Corporate Action Alert: SUPERVALU INC. (SVU)
SUPERVALU INC. (SVU) has announced a 1-for-7 reverse stock split. The split will become effective on Wednesday, August 2, 2017. On that date, the current SVU option class will change to SVU1. The MIAX Options and MIAX PEARL Option Exchanges will not list SVU1 options. Therefore, no options on SVU will be available for trading on Wednesday, August 2, 2017. SUPERVALU INC. (SVU) will resume trading on the MIAX Options and MIAX PEARL Option Exchanges on Thursday, August 3, 2017.
All GTC orders resting on the MIAX order books in SVU will be canceled at the close of business on Tuesday, August 1, 2017.
Additional details about the SUPERVALU INC. (SVU) reverse stock split is provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.