The company said the move provides greater alignment with company’s focus on standing up new businesses and monetising innovation.
Xerox Holdings Corporation announced that the company will transfer its common stock listing (XRX) from the New York Stock Exchange (NYSE) to the?Nasdaq Global Select Market, effective upon market open?21 September.
The company said it will continue being listed under the ticker symbol “XRX” after the transfer occurs.??
“Xerox’s focus on services, software, financing and innovation indicates the direction we’re taking our business for the future. We’re challenging the status quo by developing and leveraging new innovations to create solutions that address major secular challenges across industries,”?said John Visentin, Vice Chairman and Chief Executive Officer at Xerox. “I want to thank the NYSE, our listing exchange for the last 60 years, for its partnership.”
While Xerox continues to deliver workplace products and services for its network of global customers and partners, the company is leveraging its research and development capabilities to advance a variety of new technologies aimed at solving the world’s biggest challenges. Priority areas of focus include digital transformation,?augmented reality,?robotic process automation,?additive manufacturing,?Industrial internet of Things?and?cleantech.??
“As a longstanding technology leader, Xerox is continuing to innovate and serve as a champion for its people, customers and shareholders,” said?Adena Friedman, Ppresident and Chief Executive Officer of Nasdaq. “Xerox’s listing on Nasdaq will allow them to continue creating value for all stakeholders. We’re proud to welcome them to the Nasdaq family.”? ?
