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To remove an issue of securities from trading on a recognised stock exchange.

Warning flags
"[by Q3 2022] 28 listed companies have now issued their third consecutive profit warning in the past year, compared with 18 at the end of Q2.
On average, one-in-five companies delist within a year of their third warning, most due to insolvency."
The Treasurer - Issue 4 2022 - December 2022, p21.

See also