[Federal Register Volume 61, Number 232 (Monday, December 2, 1996)]
[Notices]
[Pages 63875-63876]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-30564]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Kirby Corporation, Common Stock, $0.10 Par Value)
File No. 1-7615
November 25, 1996.
Kirby Corporation (``Company'') has filed an application with the
Securities and Exchange Commission (``Commission''), pursuant to
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule
12d2-2(d) promulgated thereunder, to withdraw the above specified
security (``Security'') from listing and registration on the American
Stock Exchange, Inc. (``Amex'').
The reasons alleged in the application for withdrawing the
Securities from listing and registration include the following:
According to the Company, it has listed the Security with the New
York Stock Exchange, Inc. (``NYSE''). Trading in the Security on the
NYSE commenced at the opening of business on October 15, 1996, and
concurrently therewith such stock was suspended from trading on the
Amex. In making the decision to withdraw the Security from listing on
the Amex, the Company considered the direct and indirect costs and
expenses attendant on maintaining the dual listing of the Security on
the NYSE and the Amex. The Company does not see any particular
advantage in the dual trading of the Security and believes that dual
listing would fragment the market for its Security.
Any interested person may, on or before December 17, 1996, submit
by letter to the Secretary of the Securities and Exchange Commission,
450 Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon
whether the application has been made in accordance with the rules of
the exchanges and what terms, if any, should be imposed by the
Commission for the protection of investors. The Commission, based on
the information submitted to it, will issue an order granting the
application after the date mentioned above, unless the
[[Page 63876]]
Commission determines to order a hearing on the matter.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 96-30564 Filed 11-29-96; 8:45 am]
BILLING CODE 8010-01-M
