Crescent Point Changes Name To Veren; Veren's Shares Are Expected To Begin Trading Under Its New Symbol "VRN" On Both The TSX And NYSE On Or Around May 15, 2024
Portfolio Pulse from Benzinga Newsdesk
Crescent Point Energy Corp. has officially changed its name to Veren Inc., with shareholder approval at its AGM on May 10, 2024. Shares of Veren are set to trade under the new symbol 'VRN' on the TSX and NYSE starting around May 15, 2024. A new website will also be launched to reflect the change.
May 10, 2024 | 8:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Crescent Point Energy Corp., now known as Veren Inc., will see its shares transition to the new symbol 'VRN' on the TSX and NYSE by May 15, 2024, following shareholder approval for the name change.
The name change to Veren Inc. and the transition to a new trading symbol 'VRN' could potentially refresh the company's image and attract investor interest, likely having a positive short-term impact on its stock price. The approval by shareholders indicates strong support for the company's new direction, which could further bolster investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100