BIRMINGHAM - Regions Financial Corporation announced today that it has begun the process of listing its common stock on the New York Stock Exchange under the ticker symbol "RF".
Concurrent with the NYSE listing, which is expected to occur on May 3, the Company's shares will no longer be traded on the NASDAQ Stock Market.
Carl E. Jones, Jr., Regions' Chairman and Chief Executive Officer, noted, "We have taken significant steps over the last few years in positioning Regions as one of the preeminent financial services companies in the South. We see this listing as another important step in the transformation of Regions and are confident that our shareholders will benefit from our new affiliation with the NYSE."
Regions Financial Corporation's Trust Preferred shares (issued through Regions Financing Trust I) are currently traded on the NYSE under the symbol "RF Pr".
"The Exchange is proud to welcome Regions to its roster of globally traded companies," said New York Stock Exchange Chairman & CEO Dick Grasso.
Regions Financial Corporation, with $45.4 billion in assets, ranks among the 25 largest financial services companies in the nation.