Virtus Investment Partners to Transfer Listing of Common Stock to New York Stock Exchange
January 05 2024 - 9:00AM
Business Wire
Virtus Investment Partners (NASDAQ: VRTS), which operates a
multi-boutique asset management business, today announced that it
is transferring the listing of its common stock to the New York
Stock Exchange (NYSE) from the NASDAQ Global Select Market
(NASDAQ).
Virtus anticipates that its common stock, which will retain the
ticker symbol “VRTS,” will begin trading on the NYSE at market open
on Wednesday, January 17. The company’s common stock will continue
to trade on NASDAQ until the close of the market on Tuesday,
January 16.
“We began 2024 by celebrating our 15th anniversary as an
independent public company,” said George R. Aylward, president and
chief executive officer of Virtus. “We are pleased to list on the
NYSE, the world’s largest exchange and home to many of the nation’s
leading financial institutions, as we continue to seek to provide
long-term value for our shareholders.”
Virtus, which had $165.5 billion in assets under management as
of November 30, 2023, provides institutional and individual
investors with differentiated investment strategies that are well
diversified across asset classes and investment styles and
available in institutional and retail separate accounts, open- and
closed-end mutual funds, exchange-traded funds, global funds,
collective investment trusts, and structured products.
“We are thrilled to welcome Virtus Investment Partners to the
New York Stock Exchange,” said John Tuttle, Vice Chair, NYSE Group.
“As an NYSE-listed company, Virtus will join many of its peers and
our community of iconic companies and leverage the membership value
and visibility that our exchange uniquely provides.”
About Virtus Investment Partners, Inc.
Virtus Investment Partners is a distinctive partnership of
boutique investment managers singularly committed to the long-term
success of individual and institutional investors. We provide
investment management products and services from our affiliated
managers, each with a distinct investment style and autonomous
investment process, as well as select subadvisers. Investment
solutions are available across multiple disciplines and product
types to meet a wide array of investor needs. Additional
information about our firm, investment partners, and strategies is
available at virtus.com.
Forward-Looking Information
This press release contains statements that are, or may be
considered to be, forward-looking statements. All statements that
are not historical facts, including statements about our beliefs or
expectations, are “forward-looking statements” within the meaning
of The Private Securities Litigation Reform Act of 1995. These
statements may be identified by such forward-looking terminology as
“expect,” “estimate,” “plan,” “intend,” “believe,” “anticipate,”
“may,” “will,” “should,” “could,” “continue,” “project,” or similar
statements or variations of such terms. Our forward-looking
statements are based on a series of expectations, assumptions, and
projections about our company, are not guarantees of future results
or performance, and involve substantial risks and uncertainty,
including assumptions and projections concerning our assets under
management, cash inflows and outflows, operating cash flows, our
ability to expand distribution and product offerings, and future
credit facilities, for all forward periods. All of our
forward-looking statements are as of the date of this release only.
The company can give no assurance that such expectations or
forward-looking statements will prove to be correct. Actual results
may differ materially.
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version on businesswire.com: https://www.businesswire.com/news/home/20240105444839/en/
Sean Rourke, Investor Relations (860) 263-4709
sean.rourke@virtus.com Joe Fazzino, Media Relations (860) 263-4725
joe.fazzino@virtus.com
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