BURLINGTON, Mass. and PLANO, Texas, U.S. — Keurig Dr Pepper announced yesterday that it will transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Stock Market (“Nasdaq”) later this month, joining the largest innovation leaders on the exchange.
“Listing on Nasdaq is an important milestone in Keurig Dr Pepper’s evolution as a modern beverage company with a diverse and widely-held shareholder base,” said Keurig Dr Pepper Chairman and CEO Bob Gamgort. “We are pleased to be joining the ranks of the world’s most innovative companies on Nasdaq.”
Upon listing, Keurig Dr Pepper will be among the largest companies on Nasdaq. The Nasdaq-100® index includes 100 of the largest domestic and international non-financial companies listed on the exchange based on market capitalization, and Keurig Dr Pepper would currently rank within the top 50 of this prestigious group.
The Company will retain the “KDP” ticker with trading on the Nasdaq expected to begin on September 21, 2020.
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billion and nearly 26,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada.
The Company’s portfolio of more than 125 owned, licensed and partner brands includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott’s®, CORE® and The Original Donut Shop®.
The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability.