A. H. Belo Corporation Announces Transfer of Stock Exchange Listing to Nasdaq and Name Change to DallasNews Corporation
June 16 2021 - 6:00AM
A. H. Belo Corporation (NYSE: AHC) (the “Company”) today announced
that it will transfer the listing of its Series A common stock from
the New York Stock Exchange to the Nasdaq Capital Market (“Nasdaq”)
commencing with trading on June 29, 2021. The Company’s new
ticker symbol will be “DALN.” The decision to move to Nasdaq
follows an internal review of what market best serves the Company’s
interests going forward, according to Katy Murray, executive vice
president and Chief Financial Officer.
Concurrent with its listing on Nasdaq, the Company will change
its name to DallasNews Corporation. The name change was approved by
approximately 99.4 percent of the votes represented at the
Company’s annual meeting held on May 13, 2021. The name change and
website DallasNewsCorporation.com will be effective on
June 29, 2021.
About A. H.
Belo Corporation
A. H. Belo Corporation is the leading local news and information
publishing company in Texas. The Company has a growing presence in
emerging media and digital marketing, and maintains capabilities
related to commercial printing, distribution and direct mail. A. H.
Belo delivers news and information in innovative ways to a broad
range of audiences with diverse interests and lifestyles. For
additional information, visit www.ahbelo.com or email
invest@ahbelo.com.
Statements in this communication concerning A. H. Belo
Corporation’s business outlook or future economic performance,
revenues, expenses, and other financial
and non-financial items that are not historical facts,
including statements about the Company’s expectations relating to
the reverse stock split, are “forward-looking statements” as the
term is defined under applicable federal securities laws.
Forward-looking statements are subject to risks, uncertainties and
other factors that could cause actual results to differ materially
from those statements. Such risks, trends and uncertainties are, in
most instances, beyond the Company’s control, and include changes
in advertising demand and other economic conditions; consumers’
tastes; newsprint prices; program costs; labor
relations; cybersecurity incidents; technology
obsolescence; and the current and future impacts of the
COVID-19 pandemic. Among other risks, there can be no
guarantee that the board of directors will approve a quarterly
dividend in future quarters; as well as other risks described
in the Company’s Annual Report on Form 10-K and in the
Company’s other public disclosures and filings with the Securities
and Exchange Commission. Forward-looking statements, which are as
of the date of this filing, are not updated to reflect events or
circumstances after the date of the statement.
Contact:Katy Murray214-977-8869
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