Exxon Mobil to Trade as ExxonMobil Holdings After 25-Year Name Change
Updated
Updated · Bloomberg · Jul 1
Exxon Mobil to Trade as ExxonMobil Holdings After 25-Year Name Change
3 articles · Updated · Bloomberg · Jul 1
Summary
Exxon Mobil shares will be exchanged one-for-one for ExxonMobil Holdings stock, which starts trading Thursday under the unchanged XOM ticker.
The switch follows the company’s redomiciling in Texas and headquarters move from New Jersey, according to a Wednesday regulatory filing.
Shareholders approved the move at Exxon’s May annual meeting, clearing the way for the first corporate name change since the Mobil merger more than 25 years ago.