Date: Monday January 12, 2004 10:23:00 am
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Headline: HP to dual list on the Nasdaq
12 January 2004 – New York (NY): Hewlett-Packard (HP) is one of six companies trading on the NYSE who are to list on the Nasdaq as well under a new dual listing programme. HP CFO Bob Wayman said: “We have a strong and mutually beneficial partnership with the New York Stock Exchange. They continue to do a great job. Today’s announcement is about providing more choice to investors.”
Nasdaq CEO Bob Greifeld said the companies taking advantage of the new initiative would have “greater access to the benefits of highly efficient trading in a highly transparent environment.”
HP will trade under the same ticker symbol (HPQ) on both markets. The Nasdaq listing will take effect in “the next few weeks”.
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