ON Semiconductor (Nasdaq: ONNN),
driving energy efficient innovations, has announced it will change its
NASDAQ trading symbol to “ON” – effective upon the market’s open on
April 6, 2015. The company will continue to operate as ON Semiconductor
Corporation.
The move to the new symbol, which is more closely tied with the name of
the company, is intended to strengthen ON Semiconductor’s brand and is
another step towards improving ON Semiconductor’s profile within the
investment community.
“The new symbol will help foster a stronger, consistent and more
recognizable brand for ON Semiconductor,” said Keith Jackson, president
and CEO of ON Semiconductor. “We are excited about the future of the
company as we embark on a new phase of growth, improving cash flow and
shareholder returns.”
Starting on April 6, 2015, all company information, including stock
trading, filings, and market data related to the company, will be
reported under the new ticker symbol, “ON.” The CUSIP for company’s
common stock will remain unchanged. Outstanding stock certificates are
not affected by the symbol change and will not need to be exchanged.
About ON Semiconductor
ON Semiconductor (Nasdaq: ONNN) is driving energy efficient innovations,
empowering customers to reduce global energy use. The company offers a
comprehensive portfolio of energy-efficient power and signal management,
logic, discrete and custom solutions to help design engineers solve
their unique design challenges in automotive,
communications, computing, consumer, industrial, LED lighting, medical,
military/aerospace and power supply applications. ON Semiconductor
operates a responsive, reliable, world-class supply chain and quality
program, and a network of manufacturing facilities, sales offices and
design centers in key markets throughout North America, Europe, and the
Asia Pacific regions. For more information, visit http://www.onsemi.com.
ON Semiconductor and the ON Semiconductor logo are registered
trademarks of Semiconductor Components Industries, LLC. Although the
company references its website in this news release, such information on
the Web site is not to be incorporated herein.
Additional Information
For additional information, visit the Investors page on ON
Semiconductor’s corporate website, http://www.onsemi.com,
or reach out to Investor Relations at Investor@onsemi.com.
Copyright Business Wire 2015