DreamWorks Animation will voluntarily transfer its stock exchange listing from The New York Stock Exchange to The NASDAQ Global Select Market, an exchange of The NASDAQ OMX Group Inc. The company currently expects that its Class A common stock will commence trading on the NASDAQ on February 26, 2009 and will continue to be listed under the ticker symbol "DWA."
"The NASDAQ and its listed companies represent many qualities with which DreamWorks Animation has long been associated, including industry-leading technology, innovation and creativity," said Rich Sullivan, Head of Investor Relations for the company. "After careful consideration, we believe the NASDAQ will provide our stockholders with access to the most advanced trading platform and the most cost-effective services available in the market today."
"DreamWorks Animation is a globally recognized company whose creative power touches individuals around the world. Their work has helped to set the standard for innovation in the entertainment industry," said Bruce Aust, Exec VP, Global Corporate Client Group, NASDAQ OMX. "We are proud to welcome them to the NASDAQ."
