Poly Announces NYSE Ticker Symbol Change from "PLT" to "POLY"
Poly (NYSE: PLT) will change its ticker symbol to 'POLY' effective May 24, 2021, as part of a rebranding strategy. This update marks a significant milestone as Poly celebrates its 60th anniversary. The company, previously known as Plantronics and Polycom, has traded under PLT since 1994. CEO Dave Shull emphasized that this change reflects Poly's commitment to delivering premium audio and video products to enhance communication. No action is required from shareholders regarding the ticker change, as the common stock will continue to be traded on the NYSE with the same CUSIP.
- Ticker symbol change could enhance brand recognition and investor interest.
- No immediate financial metrics or projections related to this change.
SANTA CRUZ, Calif., May 13, 2021 /PRNewswire/ -- Poly (NYSE: PLT), today announced that its ticker symbol on the New York Stock Exchange (NYSE) will change to "POLY" at the open of market trading on Monday, May 24, 2021. Poly, formerly Plantronics and Polycom, has traded under the ticker "PLT" since Plantronics' initial public offering in 1994.
"As we celebrate the bold new direction of our company, updating our stock ticker is an important step in this process and our company's long-term business strategy," said Dave Shull, President and CEO of Poly. "At Poly, we are committed to creating mission critical gear to outfit today's workforce, and enable crystal-clear communications from wherever you work."
Poly is announcing the change today, though the update will officially take effect on May 24, 2021, as Poly celebrates the company's 60th anniversary (Plantronics was founded on May 18th, 1961).
No action is required from Poly shareholders relative to the ticker symbol change. Poly's common stock will continue to be listed on the NYSE and the CUSIP will remain unchanged.
About Poly
Poly (NYSE: PLT) creates premium audio and video products so you can have your best meeting -- anywhere, anytime, every time. Our headsets, video and audio-conferencing products, desk phones, analytics software and services are beautifully designed and engineered to connect people with incredible clarity. They're pro-grade, easy to use and work seamlessly with all the best video and audio conferencing services. With Poly (Plantronics, Inc. – formerly Plantronics and Polycom), you'll do more than just show up, you'll stand out. For more information visit www.Poly.com.
Poly, the propeller design, and the Poly logo are trademarks of Plantronics, Inc. All other trademarks are the property of their respective owners.
Poly Media Contact: | Investor Relations: |
Shannon Shamoon | Mike Iburg |
PR Manager | Vice President, IR |
+1 (831) 201-9142 | +1 (831) 458-7533 |
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SOURCE Plantronics, Inc.
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