Summary
Newmont Corporation, formerly known as Newmont Goldcorp Corporation, has officially changed its corporate name to "Newmont Corporation" effective January 6, 2020. This change, approved by the Board of Directors and filed with the Delaware Secretary of State, primarily signifies a rebranding effort and does not alter the company's operational structure, financial standing, or shareholder rights. The name change is a direct result of the integration following the Goldcorp acquisition. For investors, this filing is largely administrative. The company's stock will continue to trade on the NYSE under the familiar ticker symbol "NEM" and on the TSX under "NGT". Existing stock certificates remain valid, and there are no changes to the CUSIP number. This move streamlines the company's identity post-acquisition, aligning with its broader strategic initiatives.
Key Highlights
- 1Corporate name changed from Newmont Goldcorp Corporation to Newmont Corporation, effective January 6, 2020.
- 2The name change was approved by the Board of Directors and filed with the Delaware Secretary of State.
- 3The change is primarily a rebranding initiative following the Goldcorp acquisition.
- 4Shareholder rights and the Corporation's Certificate of Incorporation remain unchanged.
- 5The stock ticker symbol on the New York Stock Exchange (NYSE) remains "NEM".
- 6The stock ticker symbol on the Toronto Stock Exchange (TSX) remains "NGT".
- 7Outstanding stock certificates are still valid and do not require exchange.
- 8Amended and Restated By-Laws were updated to reflect the new corporate name.