CSX stock going to NASDAQ

RELATED TOPICS: CSX | EAST | FINANCIALS
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JACKSONVILLE, Fla., — CSX Corporation announced today that the company will voluntarily transfer its stock exchange listing from the New York Stock Exchange to The Nasdaq Global Select Market, effective after market close on Dec. 21, 2015. The company’s common stock will continue to trade under its existing “CSX” symbol.

“Moving to The Nasdaq Global Select Market provides new opportunities and synergies for CSX, and more closely aligns with the platform where most of our trading activity already takes place,” said Frank Lonegro, executive vice president and chief financial officer, CSX. “This decision is consistent with our commitment to reduce costs and uphold consistently high standards of corporate governance.”

“CSX Corporation is a critical player in the global supply chain and represents the type of growth-oriented and industry-defining companies that call Nasdaq home,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “We are proud to welcome CSX Corporation to the Nasdaq family and look forward to our long-term partnership with the company and its shareholders.”

— From a CSX Transportation news release Dec. 9, 2015.
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