PayPal will return to the NASDAQ stock exchange in the second half of 2015 using its original ticker symbol PYPL, according to an announcement from PayPal President and CEO Designee Dan Schulman.
Schulman says: “I’m honored and thrilled that PayPal is returning to its roots as an independent company. In the second half of 2015 we’ll once again be publicly traded on NASDAQ with our original stock ticker symbol PYPL. This is a meaningful symbol for the company because it represents our unbroken commitment to the spirit of the original vision that sparked the launch of PayPal 17 years ago.
It’s been a remarkable journey since then. And today, the potential to make money work better for people has never been greater.
We’re in possibly the greatest period of change and transformation in the history of money and financial services. Everything about how commerce works is in flux – how people shop; how merchants sell to consumers; how people interact with financial institutions; the very nature of money itself. Every one of these things is being reimagined on a global scale. No company is in a better position to deliver the benefits of this transformation to consumers and merchants – and the resulting value to shareholders – than a newly independent, publicly traded PayPal.”
