Document ID: SEC-2005-0396-0001
Agency: sec
Document Type: Notice
Title: Applications, hearings, determinations, etc.: Rockwell Automation, Inc.
Posted Date: 2005-12-15T05:00Z

[Federal Register: December 15, 2005 (Volume 70, Number 240)]
[Notices]               
[Page 74380-74381]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15de05-98]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Issuer Delisting; Notice of Application of Rockwell Automation, 
Inc., To Withdraw Its Common Stock, $1.00 Par Value, (Including the 
Associated Preferred Share Purchase Rights) From Listing and 
Registration on the Pacific Exchange, Inc. File No. 1-12383

December 8, 2005.
    On December 1, 2005, Rockwell Automation, Inc., a Delaware 
corporation (``Issuer''), filed an application with the Securities and 
Exchange Commission (``Commission''), pursuant to section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $1.00 par value (including 
the associated Preferred Share Purchase Rights) (``Security''), from 
listing and

[[Page 74381]]

registration on the Pacific Exchange, Inc. (``PCX'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Board of Directors (``Board'') of the Issuer adopted a 
resolution on September 14, 2005 to withdraw the Security from the PCX. 
The Issuer stated decided to withdraw the Security from PCX because: 
(i) The trading volume in the Security on PCX is very low and the costs 
of maintaining the listing are no longer justified; (ii) delisting the 
Security will enable the Issuer to reduce significantly administrative 
time and costs associated with the listing, corporate governance, and 
annual certification requirements of PCX; and (iii) there is little 
likelihood that the Issuer will need to raise capital through the 
Exchange in the future. The Issuer believes that delisting from PCX 
will cause no material inconvenience to its shareowners and investors 
because the Security will continue to be listed on the New York Stock 
Exchange, Inc. (``NYSE'').
    The Issuer stated in its application that it has complied with the 
applicable rules of PCX by providing PCX with the required documents 
governing the withdrawal of securities from listing and registration on 
PCX.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing on PCX and shall not affect its continued listing 
on NYSE or its obligation to be registered under section 12(b) of the 
Act.\3\
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    \3\ 15 U.S.C. 78l(b).
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    Any interested person may, on or before January 4, 2006, comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of PCX, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-12383 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.
    All submissions should refer to File Number 1-12383. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 

Comments are also available for public inspection and copying in the 
Commission's Public Reference Room. All comments received will be 
posted without change; we do not edit personal identifying information 
from submissions. You should submit only information that you wish to 
make available publicly.
    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.\4\
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    \4\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
 [FR Doc. E5-7368 Filed 12-14-05; 8:45 am]

BILLING CODE 8010-01-P