Campbell Soup Moves Listing to Nasdaq

By Tamara Parker • Thursday, August 01 15:21 • Permanent Link

Campbell Soup Company (NYSE:CPB) has announced that it will transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market (Nasdaq) on August 16, 2024. The company will continue to trade under the "CPB" ticker symbol, with trading on Nasdaq expected to begin on August 19, 2024. This move is expected to provide Campbell with Nasdaq index inclusion opportunities and certain cost savings.

In fiscal 2023, Campbell generated net sales of $9.4 billion. The company's portfolio includes iconic brands such as Campbell's, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Michael Angelo's, Noosa, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao's, Snyder's of Hanover, Swanson, and V8.

Campbell will join the Nasdaq Composite® Index following its transfer. Furthermore, the company will hold its investor day at the Nasdaq MarketSite in New York City on September 10, 2024, where members of Campbell's executive leadership team will discuss the company's long-term strategy and financial outlook.

It's important to note that all other interested parties are invited to listen to and view the live webcast of the investor day event. Additionally, a replay of the webcast will be available shortly after the event. A full copy of the presentation materials will also be available on the investor relations section of Campbell's website. Today the company's shares have moved 2.0% to a price of $47.79. If you want to know more, read the company's complete 8-K report here.

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