CNH Industrial Is Changing Its NYSE Ticker Symbol To "CNH" On May 20
Portfolio Pulse from Benzinga Newsdesk
CNH Industrial (NYSE:CNHI) announced that its common shares listed on the NYSE will change their ticker symbol from 'CNHI' to 'CNH' starting May 20, 2024. This change also applies to the Company's 3.850% Notes due 2027, which will change from 'CNHI 27' to 'CNH 27'. The name of the legal entity, CNH Industrial N.V., will remain unchanged, and no action is required from shareholders or bondholders as the CUSIP numbers will stay the same.

May 01, 2024 | 9:34 pm
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POSITIVE IMPACT
CNH Industrial's ticker symbol change from 'CNHI' to 'CNH' reflects a strategic move to align with its original identity and may positively influence investor perception.
Ticker symbol changes often reflect broader corporate strategies or rebranding efforts. For CNH Industrial, reverting to its original ticker symbol 'CNH' is a strategic move to emphasize its identity as a leading provider in its sector. This could positively impact investor sentiment by reinforcing the company's commitment to its core business areas. The change is straightforward, requiring no action from investors, which minimizes confusion and ensures a smooth transition.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100