TEN Ltd. NYSE Ticker Change to “TEN” Effective Today
TEN , a diversified tanker operator, has announced a change in its NYSE ticker symbol, effective today. The company’s common shares will transition from 'TNP' to 'TEN', while the Series E Preferred Shares will change from 'TNP-PRE' to 'TEN-PRE' and the Series F Preferred Shares from 'TNP-PRF' to 'TEN-PRF'. No action is required from existing shareholders regarding this change. The shares will continue to be listed under 'Tsakos Energy Navigation ' with unchanged CUSIP numbers.
- Ticker symbol transition to 'TEN' may increase brand recognition.
- No action required from shareholders simplifies the process.
- None.
ATHENS, Greece, July 01, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the “Company”), a leading diversified crude, product, and LNG tanker operator, would like to remind its shareholders and the investing public of the new ticker symbol that comes into effect today. As such, the Company’s common shares will immediately transition from “TNP” to “TEN” on the New York Stock Exchange (“NYSE”), where it will continue to be listed under the name “Tsakos Energy Navigation Limited.”
Additionally, the ticker symbols for the Company’s Series E Cumulative Perpetual Preferred Shares (“Series E Preferred Shares”) and Series F Cumulative Perpetual Preferred Shares (“Series F Preferred Shares”) will also change. The Series E Preferred Shares will transition from “TNP-PRE” to “TEN-PRE” and the Series F Preferred Shares will transition from “TNP-PRF” to “TEN-PRF”, respectively.
Please note that no action is required by existing shareholders regarding these ticker symbol changes. The Company’s common shares, Series E Preferred Shares, and Series F Preferred Shares will continue to be listed on the NYSE, and the applicable CUSIPs will remain unchanged.
ABOUT TEN Ltd.
TEN, founded in 1993 and celebrating this year 31 years as a public company, is one of the first and most established public shipping companies in the world. TEN’s pro forma diversified energy fleet currently consists of 74 vessels, including three DP2 shuttle tankers, two scrubber-fitted suezmax vessels, two scrubber-fitted MR product tankers and five scrubber-fitted LR1 tankers under construction, consisting of a mix of crude tankers, product tankers and LNG carriers, totaling over 9.0 million dwt.
ABOUT FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
For further information, please contact:
Company
Tsakos Energy Navigation Ltd. George Saroglou
President & COO
+30210 94 07 710
gsaroglou@tenn.gr
Investor Relations / Media
Capital Link, Inc. Nicolas Bornozis Markella Kara
+212 661 7566
ten@capitallink.com
FAQ
What is the new ticker symbol for TEN common shares?
When did TEN change its ticker symbol from 'TNP' to 'TEN'?
Do shareholders need to take any action regarding the ticker symbol change from 'TNP' to 'TEN'?
Will the CUSIP numbers change with the new ticker symbols 'TEN', 'TEN-PRE', and 'TEN-PRF'?
What are the new ticker symbols for Series E and Series F Preferred Shares of TEN ?
