Summary
Southern Copper Corporation (SCCO) announced a significant change to its stock trading symbol, effective February 17, 2010. The ticker symbol will transition from "PCU" to "SCCO" on the New York Stock Exchange. This change, which was anticipated by investors following a prior announcement on February 1, 2010, is intended to improve market recognition of the company's common stock and better align it with SCCO's global operational footprint.
Key Highlights
- 1Southern Copper Corporation (SCCO) is changing its NYSE ticker symbol from "PCU" to "SCCO".
- 2The ticker symbol change is effective at the opening of business on February 17, 2010.
- 3This change is an effort to enhance market recognition of SCCO's common stock.
- 4The new ticker symbol aims to better reflect the company's global presence.
- 5The ticker symbol change was anticipated and follows a press release from February 1, 2010.
Frequently Asked Questions
Southern Copper Corporation is changing its ticker symbol from "PCU" to "SCCO" to enhance the recognition of its common stock in the market and to better reflect its global presence.
The ticker symbol change will be effective at the opening of business on February 17, 2010.
No, your existing shares of Southern Copper Corporation common stock will not be affected by the ticker symbol change. The change is purely a cosmetic one for trading purposes and does not alter ownership or the fundamental value of your shares.
No, no action is required from investors. The change is handled by the stock exchange and brokerage firms. Investors will simply see their holdings traded under the new ticker symbol "SCCO" after the effective date.