News

Wendy's transferring stock listing to the NASDAQ

December 13, 2011

The Wendy's Company announced it will transfer its stock listing to The NASDAQ Stock Market. The company's common stock will begin trading on the NASDAQ Global Select Market on Dec. 27, 2011, and will continue to trade under the ticker symbol "WEN."

The company is currently listed on the New York Stock Exchange.

"We are excited about the transfer of our stock listing to NASDAQ," said Emil Brolick, president and CEO. "Consistent with our goal of reducing G&A expense, changing our listing to NASDAQ's electronic trading model will enable us to realize ongoing cost savings in our listing fees, without any change in trading execution."

Additionally, Wendy's will host an Investor Day in New York City on Jan. 30, 2012, at the NASDAQ Market Site in Times Square. Management plans to provide investors with preliminary 2011 year-end results and the company's outlook for 2012. The company will webcast the Investor Day presentation live from the investor relations page of its website.

Read more about operations management.