Roper Technologies announces move to Nasdaq
June 22 2023 - 8:30AM
Roper Technologies, Inc. (NYSE: ROP) today
announced that it will transfer its stock exchange listing to the
Nasdaq Stock Market (“Nasdaq”) from the New York Stock Exchange.
The Company expects to begin trading as a Nasdaq-listed company on
July 6, 2023 and will continue to trade under the symbol “ROP.”
Upon transferring, Roper will become part of the Nasdaq Composite®
Index and will also meet the eligibility requirements of the
Nasdaq-100® Index.
"We are excited to join many of the world’s
leading technology companies on Nasdaq," said Neil Hunn, Roper
Technologies’ President and CEO. “Roper’s businesses provide
mission critical software and tech-enabled solutions, making us a
natural fit to trade alongside other innovative growth companies on
the Nasdaq exchange.”
About Roper Technologies
Roper Technologies is a constituent of the
S&P 500 and Fortune 1000. Roper has a proven, long-term track
record of compounding cash flow and shareholder value. The Company
operates market leading businesses that design and develop vertical
software and technology enabled products for a variety of
defensible niche markets. Roper utilizes a disciplined, analytical,
and process-driven approach to redeploy its excess free cash flow
toward high-quality acquisitions. Additional information about
Roper is available on the Company’s website at
www.ropertech.com.
Contact information: Investor
Relations941-556-2601 investor-relations@ropertech.com
The information provided in this press release
contains forward-looking statements within the meaning of the
federal securities laws. These forward-looking statements may
include, among others, statements regarding operating results, the
success of our internal operating plans, and the prospects for
newly acquired businesses to be integrated and contribute to future
growth, profit and cash flow expectations. Forward-looking
statements may be indicated by words or phrases such as
"anticipate," "estimate," "plans," "expects," "projects," "should,"
"will," "believes," "intends" and similar words and phrases. These
statements reflect management's current beliefs and are not
guarantees of future performance. They involve risks and
uncertainties that could cause actual results to differ materially
from those contained in any forward-looking statement. Such risks
and uncertainties include any ongoing impacts of the COVID-19
pandemic on our business, operations, financial results and
liquidity, which will depend on numerous evolving factors which we
cannot accurately predict or assess, including: the duration and
scope of the pandemic, new variants of the virus and the
distribution and efficacy of vaccines; any negative impact on
global and regional markets, economies and economic activity;
actions governments, businesses and individuals take in response to
the pandemic; the effects of the pandemic, including all of the
foregoing, on our customers, suppliers, and business partners, and
how quickly economies and demand for our products and services
recover after the pandemic subsides. Such risks and uncertainties
also include our ability to identify and complete acquisitions
consistent with our business strategies, integrate acquisitions
that have been completed, realize expected benefits and synergies
from, and manage other risks associated with, acquired businesses,
including obtaining any required regulatory approvals with respect
thereto. We also face other general risks, including our ability to
realize cost savings from our operating initiatives, general
economic conditions and the conditions of the specific markets in
which we operate, including risks related to labor shortages and
rising interest rates, changes in foreign exchange rates,
difficulties associated with exports, risks associated with our
international operations, cybersecurity and data privacy risks,
including litigation resulting therefrom, risks related to
political instability, armed hostilities, incidents of terrorism,
public health crises (such as the COVID-19 pandemic) or natural
disasters, increased product liability and insurance costs,
increased warranty exposure, future competition, changes in the
supply of, or price for, parts and components, including as a
result of the current inflationary environment and ongoing supply
chain constraints, environmental compliance costs and liabilities,
risks and cost associated with litigation, potential write-offs of
our substantial intangible assets, and risks associated with
obtaining governmental approvals and maintaining regulatory
compliance for new and existing products. Important risks may be
discussed in current and subsequent filings with the SEC. You
should not place undue reliance on any forward-looking statements.
These statements speak only as of the date they are made, and we
undertake no obligation to update publicly any of them in light of
new information or future events.
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