What is required under the distribution and size criteria for NYSE listing?

Under the distribution and size criteria for NYSE listing, a company must have at least 400 U.S. holders of shares. This requirement ensures a significant level of public ownership, which supports a liquid market for the company's stock and reflects a broader interest from U.S. investors. A higher number of shareholders can contribute to better price stability and more efficient market transactions.

This criterion is part of a series of guidelines that the NYSE imposes to maintain the integrity and competitiveness of its listed companies. The presence of a substantial number of U.S. holders is crucial because it demonstrates that the stock is widely held and that the company has achieved a sufficient level of public interest. This, in turn, can lead to increased trading volume and liquidity, which are essential for the market's functioning.

Other options pertain to different aspects of NYSE listing requirements but do not directly address the critical need for a sizable pool of U.S. investors to enhance market dynamics. For example, while share price and market capitalization are important, they do not directly relate to the distribution criterion, which focuses on the number of shareholders.