97-10158. Issuer Delisting; Notice of Application To Withdraw From Listing and Registration; (Safeway Inc., Common Stock, $.01 Par Value) File No. 1-41

[Federal Register Volume 62, Number 76 (Monday, April 21, 1997)]
[Notices]
[Page 19362]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-10158]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Safeway Inc., Common Stock, $.01 Par Value) File No. 
1-41

April 15, 1997.
    Safeway Inc. (``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 Pacific 
Exchange (``PCX'').
    The reasons cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Company's Security has been listed on the New York Stock 
Exchange, Inc. (``NYSE'') since the Company's initial public offering 
in 1990. The Company chose not to list on the Exchange at that time 
because of the incremental listing fees involved. In 1994, the Company 
was approached by the Exchange with an offer to list on the Exchange at 
no charge. The Company agreed to list on the Exchange at that time on 
the belief that some incremental value to the Company would be achieved 
by the additional listing. Since the listing on the Exchange, however, 
the Company has not perceived any discernible value added by the 
additional listing. The Company has determined that the annual 
maintenance fee for the additional listing on the Exchange is not a 
justified expense, and therefore has decided to delist. The Company's 
Security will continue to list on the NYSE.
    Any interested person may, on or before May 6, 1997, 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 
Exchange 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 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. 97-10158 Filed 4-18-97; 8:45 am]
BILLING CODE 8010-01-M