Hello,
Following the new listing and trading on the NYSE of Norbord Inc., the company has also changed the ticker of the shares listed in Canada on the Toronto Stock Exchange to OSB.
Our Low PEG Ratio portfolios are then swapping the NBD stock to the new OSB one.
Here is below the complete press release:
Norbord to Trade on New York Stock Exchange; TSX Ticker Symbol Changing To "OSB"
TORONTO , Feb. 16, 2016 /CNW/ - Norbord Inc. (NBD.TO) today announced that its shares have been authorized for listing on the New York Stock Exchange (NYSE). Norbord expects its shares to begin trading on the NYSE on February 19, 2016 under the symbol "OSB". The Company will retain its primary listing on the Toronto Stock Exchange (TSX), but is changing its ticker symbol on the TSX to "OSB", effective February 19, 2016 .
In connection with its application to list on the NYSE, Norbord filed a registration statement on Form 40-F with the US Securities and Exchange Commission. A copy of Norbord's Form 40-F is available at
www.sec.gov.
Norbord Profile
Norbord Inc. is a leading global manufacturer of wood-based panels and the world's largest producer of oriented strand board (OSB). In addition to OSB, Norbord manufactures particleboard, medium density fibreboard and related value-added products. Norbord has assets of approximately US$1.6 billion and employs approximately 2,600 people at 17 plant locations in the United States , Canada and Europe. Norbord is a publicly traded company listed on the TSX and will soon be listed on the NYSE under the symbol OSB.
