Campbell Soup Company
Campbell Soup Company Announces Transfer of Stock Exchange Listing to Nasdaq
Summary
On August 1, 2024, Campbell Soup Company announced its intention to transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market on August 16, 2024, with trading expected to begin on Nasdaq on August 19, 2024. The company will continue to trade under the ticker symbol 'CPB'. This move is expected to provide Nasdaq index inclusion opportunities and cost savings for the company. The announcement was made via a press release, which is furnished as Exhibit 99.1.
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About Campbell Soup Company
Campbell Soup Company is a leading American food and beverage multinational corporation, primarily known for its canned soups and related products. Established in 1869, Campbell has become a household name with its iconic red and white can, offering a range of soups from classic chicken noodle to innovative, health-focused varieties. Beyond soups, the company has expanded into snacks, beverages, and packaged foods with brands like Pepperidge Farm, V8, and Goldfish, diversifying its product portfolio and enhancing its market presence. Campbell Soup Company operates in the consumer staples sector, impacting industries such as food production and grocery distribution. The company's products are distributed globally, reaching consumers through supermarkets, food-service channels, and online platforms. In the financial market, Campbell Soup Company holds a notable position due to its strong brand recognition and resilient product demand, particularly during economic downturns when consumers gravitate toward essential goods. Its longstanding history, combined with continual product innovation and strategic acquisitions, underscores its role as a consistent player in the food and beverage industry.
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