Jewett-Cameron Changes NASDAQ Trading Symbol
Jewett-Cameron Trading Company (Nasdaq: JCTCF) has announced a change in its NASDAQ trading symbol. Effective October 9, 2024, the company's trading symbol will change from 'JCTCF' to 'JCTC'. This modification aims to address investor confusion regarding the company's location.
The 'F' in the original symbol, which denoted a foreign due to Jewett-Cameron's incorporation in British Columbia, led some investors to believe the company was based outside the USA. However, Jewett-Cameron's operations and headquarters have always been located in Oregon. The company expects this change to help investors better understand Jewett-Cameron as a US-based entity.
La Jewett-Cameron Trading Company (Nasdaq: JCTCF) ha annunciato una modifica del proprio simbolo di trading NASDAQ. A partire da 9 ottobre 2024, il simbolo di trading dell'azienda cambierà da 'JCTCF' a 'JCTC'. Questa modifica mira a risolvere la confusione degli investitori riguardo alla posizione dell'azienda.
La 'F' nel simbolo originale, che indicava una società estera a causa dell'incorporazione di Jewett-Cameron in British Columbia, ha portato alcuni investitori a credere che l'azienda fosse basata al di fuori degli Stati Uniti. Tuttavia, le operazioni e la sede di Jewett-Cameron sono sempre state situate in Oregon. L'azienda si aspetta che questo cambiamento aiutino gli investitori a comprendere meglio Jewett-Cameron come un'entità con sede negli Stati Uniti.
La Jewett-Cameron Trading Company (Nasdaq: JCTCF) ha anunciado un cambio en su símbolo de negociación en NASDAQ. A partir del 9 de octubre de 2024, el símbolo de la empresa cambiará de 'JCTCF' a 'JCTC'. Esta modificación tiene como objetivo abordar la confusión de los inversores con respecto a la ubicación de la empresa.
La 'F' en el símbolo original, que denotaba una empresa extranjera debido a la incorporación de Jewett-Cameron en British Columbia, llevó a algunos inversores a creer que la empresa estaba ubicada fuera de los Estados Unidos. Sin embargo, las operaciones y la sede de Jewett-Cameron siempre han estado ubicadas en Oregon. La empresa espera que este cambio ayude a los inversores a entender mejor a Jewett-Cameron como una entidad con sede en Estados Unidos.
Jewett-Cameron Trading Company (Nasdaq: JCTCF)는 NASDAQ 거래 기호 변경을 발표했습니다. 2024년 10월 9일부터 회사의 거래 기호는 'JCTCF'에서 'JCTC'로 변경됩니다. 이 수정은 회사의 위치와 관련하여 투자자들의 혼란을 해소하기 위한 것입니다.
원래 기호에서 'F'는 Jewett-Cameron이 브리티시컬럼비아에 법인등록이 되어 있어 외국 기업을 나타내며, 일부 투자자들이 회사를 미국 외부에 위치한 것으로 오해하게 만들었습니다. 하지만, Jewett-Cameron의 운영 및 본사는 항상 오리건에 위치해 있습니다. 회사는 이 변경이 투자자들이 Jewett-Cameron을 미국 기반의 기업으로 더 잘 이해하는 데 도움이 되기를 기대합니다.
La Jewett-Cameron Trading Company (Nasdaq: JCTCF) a annoncé un changement de son symbole de trading NASDAQ. À compter du 9 octobre 2024, le symbole de l'entreprise passera de 'JCTCF' à 'JCTC'. Cette modification vise à réduire la confusion des investisseurs concernant la localisation de l'entreprise.
Le 'F' dans le symbole d'origine, qui indiquait une société étrangère en raison de l'incorporation de Jewett-Cameron en Colombie-Britannique, a amené certains investisseurs à croire que l'entreprise était basée en dehors des États-Unis. Cependant, les opérations et le siège de Jewett-Cameron ont toujours été situés dans l'Oregon. L'entreprise s'attend à ce que ce changement aide les investisseurs à mieux comprendre Jewett-Cameron en tant qu'entité basée aux États-Unis.
Die Jewett-Cameron Trading Company (Nasdaq: JCTCF) hat eine Änderung ihres NASDAQ-Handelssymbols angekündigt. Ab dem 9. Oktober 2024 wird sich das Handelssymbol des Unternehmens von 'JCTCF' in 'JCTC' ändern. Diese Änderung soll die Verwirrung der Anleger bezüglich des Standorts des Unternehmens beseitigen.
Das 'F' im ursprünglichen Symbol, das auf ein ausländisches Unternehmen hinwies, da Jewett-Cameron in British Columbia eingetragen ist, führte bei einigen Anlegern zu der Annahme, dass sich das Unternehmen außerhalb der USA befindet. Allerdings waren die Betriebsstätten und der Hauptsitz von Jewett-Cameron immer in Oregon angesiedelt. Das Unternehmen erwartet, dass diese Änderung den Anlegern hilft, Jewett-Cameron besser als US-amerikanisches Unternehmen zu verstehen.
- Potential for improved investor understanding of the company's US-based operations
- Simplified trading symbol may enhance brand recognition
- None.
NORTH PLAINS, Ore., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Jewett-Cameron Trading Company Ltd. (“Jewett-Cameron”) (Nasdaq: JCTCF), a company committed to innovative products that enrich outdoor spaces, is changing its NASDAQ trading symbol for its common shares.
The trading symbol is changing from “JCTCF” to “JCTC”, effective October 9, 2024.
Since Jewett-Cameron completed its initial SEC registration and subsequent NASDAQ listing in 1996, the trading symbol has been JCTCF. The “F” as the fifth character denoting a foreign corporation was originally included because Jewett-Cameron is incorporated in British Columbia. This designation has led to confusion with some investors thinking the Company is located outside the USA, even though the Company’s operations and headquarters have always been, and continue to be, located in Oregon. By dropping the fifth character F from our trading symbol, we believe it will help investors to gain a better understanding of Jewett-Cameron as a US based company.
About Jewett-Cameron Trading Company Ltd. (JCTC)
Jewett-Cameron Trading Company is a holding company that, through its subsidiaries, operates out of facilities located in North Plains, Oregon. Jewett-Cameron Company's business consists of the manufacturing and distribution of patented and patent pending specialty metal and sustainable bag products, and wholesale distribution of wood products. The Company's brands include Lucky Dog®, for pet products; Jewett Cameron Fence for brands such as Adjust-A-Gate®, Fit-Right®, Perimeter Patrol®, Euro Fence, and Lifetime Steel Post® for gates and fencing; MyEcoWorld® for sustainable bag products; and Early Start, Spring Gardner, Greenline®, and Weatherguard for greenhouses. Additional information about the Company and its products can be found on the Company's website at www.jewettcameron.com.
Forward-looking Statements
The information in this release contains certain forward-looking statements that anticipate future trends and events. These statements are based on certain assumptions that may prove to be erroneous and are subject to certain risks, including but not limited to, the uncertainties of the Company's new product introductions, the risks of increased competition and technological change in the Company's industry, customer concentration risk, supply chain delays, governmental and regulatory risks, and other factors described in greater detail in the Company's filings with the Securities and Exchange Commission. We may not actually achieve the goals or plans described in our forward-looking statements, and investors should not place undue reliance on these statements. Forward-looking statements made in this press release are made only as of the date hereof, and we disclaim any intent or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release, except as may be required by law.
Company Contact:
Chad Summers, Chief Executive Officer
Jewett-Cameron
Phone: (503) 647-0110
Investor Contact:
Robert Blum
Lytham Partners
Phone: (602) 889-9700
JCTC@lythampartners.com
FAQ
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