Oracle Corporation to Transfer Stock Listing to NYSE
Oracle Corporation to Transfer Stock Listing to NYSE
Largest exchange transfer at $156.4 billion in market capitalization
48th transfer to NYSE for a combined $318 billion in market capitalization since 2010
NEW YORK--(BUSINESS WIRE)-- "Oracle's decision to transfer to the New York Stock Exchange validates the strength of the NYSE brand and our global leadership across all sectors - including technology," said Duncan L. Niederauer, CEO, NYSE Euronext. "We are looking forward to working with Oracle to leverage the full benefits of the NYSE community for their company, their customers and their shareholders."
At $156.4 billion in global market capitalization, Oracle will be the largest market transfer upon listing on the NYSE on Monday, July 15th. It will become the 48th company to transfer to the NYSE for a combined $318billion in global market capitalization since 2010, and the fourth NASDAQ-100 company to transfer to the NYSE during the past year.
"Oracle's choice of the NYSE underscores our momentum and leadership in global listings, and recognizes the value of our brand, innovative market model, and technology platform," said Scott Cutler, EVP and Head of Global Listings, NYSE Euronext. "This transfer is an affirmation of our technology transformation, focus on innovation, and global leadership."
Leader in U.S. Listing Transfers
Year-to-date 2013, excluding Oracle, two companies have transferred to the NYSE representing over $11 billion or 75% of combined market capitalization of all U.S. exchange transfers.
With Oracle's listing on the NYSE, 216companies with a total combined market capitalization of $704.7 billion will have transferred to the NYSE since 2000.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.
NYSE Euronext
Rich Adamonis, 212-656-2140
Radamonis@nyx.com
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