Rite Aid regains compliance with NYSE share price list ruling

Camp Hill, Pa. Rite Aid Corp. received notice from the New York Stock Exchange that the company has regained compliance with the exchange’s share price listing requirement.

Rite Aid regained compliance after its closing share price on June 30. The company, which has continued to trade on the NYSE, is now in compliance with all NYSE listing rules.

The company also said it does not intend to implement the reverse stock split its board of directors and stockholders had approved to regain compliance with the share price listing rule.