RACINE, WI — The common stock of Modine Manufacturing Co. begins trading today on The New York Stock Exchange (NYSE) under the new ticker symbol “MOD.” The company announced on September 28 that it would list its common stock on the NYSE after trading on the NASDAQ under the ticker symbol “MODI” since 1984.
“We are delighted to join the ranks of hundreds of outstanding companies around the world and from many different industries that trade their securities on the NYSE,” said David Rayburn, Modine president and CEO. “We believe this move will benefit our shareholders and is both timely and appropriate as we pursue a broader global growth strategy, an enhanced brand recognition and a larger domestic and international investor base,” he said. “Modine looks forward to a long and mutually rewarding partnership with the NYSE.”
Bear Wagner Specialists LLC will serve as the specialist firm for Modine common stock.
To celebrate the move to the NYSE, Rayburn and Vice President, Finance and CFO Brad Richardson will ring the opening bell at the NYSE on Friday, October 22.
For more information about Modine, go to: www.modine.com.
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