Block Inc. Announces Ticker Symbol Change
Block, Inc. (NYSE: SQ) has made an exciting announcement regarding a change in its ticker symbol. The company will transition its ticker from the current "SQ" and "SQ2" to the new symbol "XYZ". This change aligns with the company's rebranding efforts and further establishes its identity through its ecosystem of brands, including Cash App, Square, Afterpay, and TIDAL.
Implementation of the New Ticker Symbol
The new ticker symbol "XYZ" will take effect on January 21, 2025, for the company’s Class A common stock traded on the New York Stock Exchange (NYSE). Following closely, on January 22, 2025, the ticker code for Block on the Australian Securities Exchange (ASX) will also change to "XYZ". This change does not require any action from shareholders, as both listings—NYSE and ASX—will remain continuous, and the CUSIP and ISIN will stay the same.
Financial Results and Conference Call Information
Looking ahead, Block is set to release its financial results for the fourth quarter of 2024 on February 20, 2025, after market close. Following this announcement, the company will host a conference call and earnings webcast to discuss the results in detail. This event will occur at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day of the results release. Investors and interested parties can register and join in listening through Block’s Investor Relations website.
Accessing the Events and Presentations
Participants who wish to take part in the conference call or wish to listen to the live audio webcast can do so by visiting the Events & Presentations section of Block’s Investor Relations website. This platform is designed to provide seamless access to vital information and updates regarding the company's trajectory.
About Block, Inc.
Block, Inc. (NYSE: SQ) is dedicated to enhancing global economic accessibility through its innovative technology. Each of its various brands plays a unique role in reaching this goal. $Square$ is focused on making financial services available to sellers while $Cash App$ simplifies spending, sending, and storing money. $Afterpay$ gives consumers a new level of control over their spending, allowing for better management over time. $TIDAL$ empowers artists, providing a platform designed to enhance their entrepreneurial journey. Moreover, $Bitkey$ offers a self-custody wallet tailored for bitcoin users, and $Proto$ delivers a comprehensive suite of bitcoin mining tools. Collectively, these divisions illustrate Block's commitment to creating an inclusive financial system.
Frequently Asked Questions
What is the new ticker symbol for Block, Inc.?
The new ticker symbol for Block, Inc. will be "XYZ", replacing the former symbols "SQ" and "SQ2".
When will the ticker symbol change take effect?
The ticker symbol change will be effective on January 21, 2025, for NYSE and January 22, 2025, for ASX.
Do shareholders need to take any action for the ticker change?
No action is required from shareholders due to the ticker symbol change.
When will Block report its fourth-quarter results?
Block will announce its fourth-quarter results on February 20, 2025, after the market closes.
How can I participate in the conference call?
To participate in the conference call, visit Block's Investor Relations website for registration and details on accessing the live audio webcast.
