On Tuesday, October 3, Blackberry (NASDAQ:$BBRY) announced its pending transfer of the listing of its common stock from the NASDAQ Global Select Market to the New York Stock Exchange.
If all goes as planned, Blackberry is forecast to commence trading on the NYSE on October 16, under the new stock ticker symbol “BB”. The Waterloo-based company will continue to trade on the NASDAQ until the transfer is finalized. Keep in mind Blackberry’s listing on the Toronto Stock Exchange will not change.
“Many of the world’s greatest brands, including a large number of our customers and partners, are listed on the NYSE, and we look forward to joining them,” said CEO John Chen. “As we continue to advance our growth strategy, we believe that our partnership with the NYSE will further raise the profile of our company and strengthen the value of our BlackBerry Secure brand.”
“We are honored to have BlackBerry join the NYSE community,” said President of the NYSE Tom Farley. “BlackBerry is an innovative mobile pioneer that has successfully evolved to become an enterprise cybersecurity software company. We look forward to supporting BlackBerry’s continued growth and providing the unique benefits of our market, solutions, and community to the company and its shareholders.”
“We are excited that BlackBerry will continue their journey as a NYSE-listed company alongside the world’s most innovative technology companies,” said NYSE Global Head of Listings John Tuttle.
To mark the transfer, representatives from Blackberry Limited will ring the NYSE Opening Bell on October 16, 2017.
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