NYSE Tweaks Listing Manual – Yawn-Worthy Change
Published Date: 12/22/2025
Notice
Summary
The New York Stock Exchange is updating some annual fees for companies listed on its platform and tweaking the value of certain services it offers. These changes kick in starting January 1, 2026, so listed companies should get ready for the new fee setup. This update also cleans up old rules to keep things fresh and clear.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Per-Share Listing Fee Raised
The NYSE will raise its per-share annual listing fee for certain equity-related classes from $0.001285 per share to $0.001310 per share, effective January 1, 2026. This change applies to primary and additional classes of common and preferred shares, tracking stocks, and each class of warrants or rights listed on the Exchange.
Minimum Annual Fee Increased
The NYSE will increase the minimum annual listing fee for a primary class of common shares (and for a primary class of preferred stock if no common is listed) from $82,000 per year to $84,000 per year, effective January 1, 2026. The minimum applies to the primary class fee calculation described in Section 902.03 of the Listed Company Manual.
Issuer Service Values Updated
The NYSE will update the approximate annual values shown for certain products and services offered to eligible issuers in Section 907.00 of the Listed Company Manual to reflect current costs and inflation; the Exchange states it is not changing the actual services or eligibility. These updates are proposed in the same filing that takes effect beginning January 1, 2026.
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