Tenet Healthcare Confirms NYSE Listings for Common Stock, Senior Notes
Ticker: THC · Form: 8-K · Filed: Feb 8, 2024 · CIK: 70318
Complexity: simple
Sentiment: neutral
Topics: compliance, regulatory-filing, debt, common-stock
TL;DR
**Tenet Healthcare just confirmed its common stock and 6.875% Senior Notes are still trading on the NYSE.**
AI Summary
Tenet Healthcare Corp. filed an 8-K on February 8, 2024, to report on its results of operations and financial condition. The filing confirms that Tenet's common stock, with a $0.05 par value, and its 6.875% Senior Notes due 2031 (trading as THC31) are both registered on the NYSE. This matters to investors as it reaffirms the company's compliance with SEC regulations and the continued public trading of its key securities, providing transparency and liquidity for shareholders and bondholders.
Why It Matters
This filing confirms Tenet Healthcare's compliance with SEC reporting requirements and the continued listing of its securities on the NYSE, which is crucial for investor confidence and market liquidity.
Risk Assessment
Risk Level: low — This 8-K is a routine compliance filing and does not indicate any new financial risks or operational changes.
Analyst Insight
Investors should view this as a standard compliance update, confirming the continued public trading of Tenet's securities. No immediate action is required based on this filing alone, but it reinforces the company's transparency.
Key Numbers
- $0.05 — Common stock par value (Identifies the nominal value of each common share.)
- 6.875% — Senior Notes interest rate (Indicates the yield for bondholders of the Senior Notes.)
- 2031 — Senior Notes due date (Specifies when the principal amount of the Senior Notes must be repaid.)
Key Players & Entities
- TENET HEALTHCARE CORP (company) — the registrant filing the 8-K
- NYSE (company) — the exchange where Tenet's securities are registered
- $0.05 (dollar_amount) — par value of Tenet's common stock
- 6.875% (dollar_amount) — interest rate of Tenet's Senior Notes
- 2031 (dollar_amount) — maturity year of Tenet's Senior Notes
Forward-Looking Statements
- Tenet Healthcare Corp. will continue to maintain its NYSE listings for both common stock and senior notes. (TENET HEALTHCARE CORP) — high confidence, target: 2025-02-08
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is TENET HEALTHCARE CORPORATION.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 8, 2024.
What is the trading symbol for Tenet Healthcare Corp.'s common stock?
The trading symbol for Tenet Healthcare Corp.'s common stock is THC on the NYSE.
What is the trading symbol for Tenet Healthcare Corp.'s 6.875% Senior Notes due 2031?
The trading symbol for Tenet Healthcare Corp.'s 6.875% Senior Notes due 2031 is THC31 on the NYSE.
What is the state of incorporation for Tenet Healthcare Corp.?
Tenet Healthcare Corp. is incorporated in Nevada.
Filing Stats: 501 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-02-08 06:30:36
Key Financial Figures
- $0.05 — nge on which registered Common stock, $0.05 par value THC NYSE 6.875% Senior Notes
Filing Documents
- thc-20240208.htm (8-K) — 29KB
- thc-20231231ex991earningsr.htm (EX-99.1) — 720KB
- tenethealthrgba.jpg (GRAPHIC) — 109KB
- 0000070318-24-000011.txt ( ) — 1119KB
- thc-20240208.xsd (EX-101.SCH) — 2KB
- thc-20240208_def.xml (EX-101.DEF) — 17KB
- thc-20240208_lab.xml (EX-101.LAB) — 32KB
- thc-20240208_pre.xml (EX-101.PRE) — 18KB
- thc-20240208_htm.xml (XML) — 4KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. The information contained herein is being furnished pursuant to Item 2.02 of Form 8-K, "Results of Operations and Financial Condition." This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. On February 8, 2024 , Tenet Healthcare Corporation (the "Company") issued a press release reporting the financial results of the Company for the quarter ended December 31, 2023. A copy of the press release is attached to this report as Exhibit 99.1 and incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release issued on February 8, 2024 104 Cover Page Interactive Data File (embedded within the inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TENET HEALTHCARE CORPORATION Date: February 8, 2024 By: /s/ R. SCOTT RAMSEY R. Scott Ramsey Senior Vice President, Controller