Avery Dennison Corporation to Transfer Listing of Debt Securities to Nasdaq
Avery Dennison Corporation (NYSE: AVY) announced the transfer of its 1.250% Senior Notes due 2025 from the New York Stock Exchange to the Nasdaq Bond Exchange, effective November 9, 2020. This strategic move aims to capitalize on lower listing fees associated with Nasdaq. The Notes will commence trading on Nasdaq on November 10, 2020, under the trading symbol AVY 25 and CUSIP 053611 AH2. Avery Dennison is a global company specializing in labeling and functional materials, with reported sales of $7.1 billion in 2019.
- Transfer to Nasdaq Bond Exchange may result in lower listing fees, enhancing cost efficiency.
- None.
GLENDALE, Calif.--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY) today announced its intention to transfer the securities exchange listing for its
Notes |
Trading Symbol |
CUSIP |
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AVY 25 |
053611 AH2 |
The company is transferring the listing of the Notes to Nasdaq to take advantage of lower listing fees.
About Avery Dennison
Avery Dennison (NYSE: AVY) is a global materials science and manufacturing company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employs approximately 30,000 employees in more than 50 countries. Reported sales in 2019 were
