Clarivate Plc to Change NYSE Ticker Symbol to "CLVT" on February 1, 2021

Rhea-AI Summary

Clarivate Plc (NYSE: CCC) announced a change of its ticker symbol to CLVT, effective February 1, 2021. This decision aims to enhance visibility among public investors and stakeholders, aligning the stock symbol with the company's name. CEO Jerre Stead highlighted the company's transformation and growth since its public listing in May 2019. Current stockholders do not need to take any action regarding this change, and the common stock will continue to trade on the NYSE with an unchanged CUSIP (G21810109).

Positive

• Ticker symbol change to CLVT may improve visibility with investors.
• Reflects the company's growth and transformation since its public listing.

Negative

• None.

LONDON, Jan. 20, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today that its ticker symbol on the New York Stock Exchange will change to "CLVT" from "CCC." Trading under the new ticker symbol will begin on Monday, February 1, 2021.

Jerre Stead, Executive Chairman and CEO said: "Since going public in May 2019, we have undergone tremendous transformation and growth. We are excited to be able to better align the Clarivate name with our new stock symbol 'CLVT', which provides improved visibility with public investors and across all our stakeholders."

No action is needed from Clarivate current stockholders relative to the ticker symbol change. The common stock will continue to be listed on the NYSE and the CUSIP will remain unchanged as G21810109.

About Clarivate 

Clarivate™ is a global leader in providing solutions to accelerate the lifecycle of innovation. Our bold mission is to help customers solve some of the world's most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions. Covering scientific and academic research, pharmaceutical, biotech and healthcare intelligence and intellectual property services, we help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com. 

Category: Financial

Source: Clarivate Plc 

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SOURCE Clarivate Plc

FAQ

When will Clarivate change its ticker symbol to CLVT?

Clarivate will change its ticker symbol to CLVT on February 1, 2021.

What was Clarivate's previous ticker symbol?

Clarivate's previous ticker symbol was CCC.

Do current stockholders need to take any action for the ticker symbol change?

No action is needed from current stockholders regarding the ticker symbol change.

Will the CUSIP number change with the new ticker symbol?

No, the CUSIP number will remain unchanged as G21810109.

Who is the CEO of Clarivate?

The CEO of Clarivate is Jerre Stead.