Block Announces Ticker Symbol Change to XYZ; To Report Fourth Quarter Results
Block (NYSE: SQ) has announced it will change its ticker symbols from 'SQ' and 'SQ2' to 'XYZ' on both the New York Stock Exchange (NYSE) and Australian Securities Exchange (ASX). The change will be effective January 21, 2025, for NYSE and January 22, 2025, for ASX, reflecting the company's previous name change to Block and its ecosystem of brands including Cash App, Square, Afterpay, and TIDAL.
No action is required from shareholders regarding this change. The company's Class A common stock will maintain its NYSE listing, and CHESS Depository Interests (CDIs) will continue on ASX, with unchanged CUSIP and ISIN.
Additionally, Block will release its Q4 2024 financial results on February 20, 2025, after market close, followed by a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time.
Block (NYSE: SQ) ha annunciato che cambier脿 i suoi simboli di borsa da 'SQ' e 'SQ2' a 'XYZ' sia sulla Borsa di New York (NYSE) che sulla Borsa dei Valori Australiana (ASX). Il cambiamento sar脿 efficace dal 21 gennaio 2025 per il NYSE e dal 22 gennaio 2025 per l'ASX, riflettendo il cambio di nome dell'azienda in Block e il suo ecosistema di marchi, tra cui Cash App, Square, Afterpay e TIDAL.
Non 猫 richiesta alcuna azione da parte degli azionisti riguardo a questo cambiamento. Le azioni comuni di Classe A dell'azienda manterranno la loro quotazione al NYSE, e gli Interessi di Deposito CHESS (CDIs) continueranno sull'ASX, con CUSIP e ISIN invariati.
Inoltre, Block pubblicher脿 i suoi risultati finanziari per il quarto trimestre 2024 il 20 febbraio 2025, dopo la chiusura del mercato, seguiti da una conferenza telefonica e da un webcast sugli utili alle 14:00 ora del Pacifico/17:00 ora dell'Est.
Block (NYSE: SQ) ha anunciado que cambiar谩 sus s铆mbolos de cotizaci贸n de 'SQ' y 'SQ2' a 'XYZ' tanto en la Bolsa de Nueva York (NYSE) como en la Bolsa de Valores de Australia (ASX). El cambio entrar谩 en vigor el 21 de enero de 2025 para NYSE y el 22 de enero de 2025 para ASX, reflejando el cambio de nombre anterior de la compa帽铆a a Block y su ecosistema de marcas que incluye Cash App, Square, Afterpay y TIDAL.
No se requiere ninguna acci贸n por parte de los accionistas con respecto a este cambio. Las acciones comunes de Clase A de la empresa mantendr谩n su cotizaci贸n en NYSE, y los Intereses de Dep贸sito CHESS (CDIs) continuar谩n en ASX, con CUSIP e ISIN sin cambios.
Adem谩s, Block publicar谩 sus resultados financieros del cuarto trimestre de 2024 el 20 de febrero de 2025, despu茅s del cierre del mercado, seguido de una conferencia telef贸nica y una transmisi贸n por webcast de ganancias a las 2:00 p.m. hora del Pac铆fico/5:00 p.m. hora del Este.
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欤检＜霌れ潃 鞚� 氤�瓴届棎 雽�頃� 鞎勲霟� 臁办箻毳� 旆暊 頃勳殧臧� 鞐嗢姷雼堧嫟. 須岇偓鞚� 韥措灅鞀� A 氤错喌欤茧姅 NYSE 靸侅灔 歆�鞙勲ゼ 鞙犾頃橂┌, CHESS 鞓堩儊 歃濌秾(CDIs)鞚� ASX鞐愳劀 瓿勳啀 瓯半灅霅橂┌, CUSIP鞕� ISIN鞚� 氤�瓴诫悩歆� 鞎婌姷雼堧嫟.
於旉皜搿�, Block鞚� 2025雲� 2鞗� 20鞚� 鞁滌灔鞚� 雼瀸 頉� 2024雲� 4攵勱赴 鞛 瓴瓣臣毳� 氚滍憸頃橁碃 2:00 p.m. 韮滍弶鞏� 響滌鞁�/5:00 p.m. 霃欕秬 響滌鞁滌棎 鞝勴檾 須岇潣 氚� 鞁れ爜 鞗轨簮鞀ろ姼毳� 歆勴枆頃� 瓴冹瀰雼堧嫟.
Block (NYSE: SQ) a annonc茅 qu'il changera ses symboles boursiers de 'SQ' et 'SQ2' en 'XYZ' 脿 la fois sur le New York Stock Exchange (NYSE) et l'Australian Securities Exchange (ASX). Le changement sera effectif le 21 janvier 2025 pour le NYSE et le 22 janvier 2025 pour l'ASX, refl茅tant le changement de nom pr茅c茅dent de l'entreprise en Block et son 茅cosyst猫me de marques, y compris Cash App, Square, Afterpay et TIDAL.
Aucune action de la part des actionnaires n'est requise concernant ce changement. Les actions ordinaires de classe A de l'entreprise conserveront leur cotation au NYSE, et les Int茅r锚ts de D茅p么t CHESS (CDIs) continueront 脿 锚tre 茅chang茅s sur l'ASX, sans changement de CUSIP et ISIN.
De plus, Block publiera ses r茅sultats financiers pour le quatri猫me trimestre de 2024 le 20 f茅vrier 2025, apr猫s la cl么ture du march茅, suivis d'une conf茅rence t茅l茅phonique et d'une webdiffusion des r茅sultats 脿 14h00 heure du Pacifique/17h00 heure de l'Est.
Block (NYSE: SQ) hat angek眉ndigt, dass die Tickersymbole von 'SQ' und 'SQ2' auf 'XYZ' an der New Yorker B枚rse (NYSE) und der Australian Securities Exchange (ASX) ge盲ndert werden. Die 脛nderung wird am 21. Januar 2025 f眉r die NYSE und am 22. Januar 2025 f眉r die ASX wirksam, was den vorherigen Namenswechsel der Gesellschaft zu Block und ihrem Marken枚kosystem, einschlie脽lich Cash App, Square, Afterpay und TIDAL, widerspiegelt.
Von den Aktion盲ren sind keine Ma脽nahmen in Bezug auf diese 脛nderung erforderlich. Die Stammaktien der Klasse A des Unternehmens behalten ihre NYSE-Notierung, und die CHESS Deposit Interests (CDIs) werden an der ASX weiterhin ohne 脛nderung von CUSIP und ISIN aufgef眉hrt.
Zus盲tzlich wird Block am 20. Februar 2025 nach Marktschluss seine finanziellen Ergebnisse f眉r das vierte Quartal 2024 ver枚ffentlichen, gefolgt von einer Telefonkonferenz und einem Gewinn-Webcast um 14:00 Uhr Pazifischer Zeit/17:00 Uhr Ostzeit.
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Insights
The ticker symbol change from 'SQ' to 'XYZ' represents more than a superficial modification - it's the final step in Block's strategic rebranding journey that began with its name change from Square. This move aligns the company's market identity with its expanded ecosystem beyond just Square, encompassing Cash App, Afterpay and TIDAL.
The timing of this change, coordinated across both NYSE and ASX listings, demonstrates sophisticated global market coordination. While the ticker change itself doesn't affect underlying business operations or shareholder positions, it signals Block's evolution from a pure-play payments company to a diversified financial technology conglomerate. The retention of the same CUSIP and ISIN numbers ensures continuity in trading and clearing systems.
The upcoming Q4 earnings release will be particularly significant as the first presentation under the new ticker, likely to include detailed performance metrics across all major business segments. This could provide important insights into the success of Block's diversification strategy and the integration of its various platforms.
From a market mechanics perspective, ticker symbol changes can temporarily impact trading patterns due to algorithmic trading systems requiring updates and some retail investors potentially facing confusion. Historical precedent shows that major ticker changes often coincide with periods of increased trading volume and volatility as market participants adjust their systems and documentation.
The dual-listed nature of Block's shares adds complexity to this transition, requiring synchronized changes across different time zones and market systems. The two-day implementation window between NYSE (January 21) and ASX (January 22) appears designed to minimize potential trading disruptions. The unchanged CUSIP/ISIN numbers will help maintain institutional trading continuity, particularly for index funds and ETFs holding Block shares.
The scheduling of Q4 earnings release for February 20 provides adequate buffer time after the ticker transition, allowing for any technical issues to be resolved before this critical market event. This timing strategy demonstrates careful consideration of market dynamics and operational risk management.
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There is no action required by the company鈥檚 shareholders with respect to the ticker symbol change. The company鈥檚 Class A common stock will continue to be listed on the NYSE and the company鈥檚 CHESS Depository Interests (CDIs) will continue to be listed on the ASX. The CUSIP for the NYSE listing and the ISIN for the ASX listing will remain unchanged.
Webcast and Conference Information
Block also announced it will release financial results for the fourth quarter of 2024 on Thursday, February 20, 2025, after market close. The company will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Block鈥檚 Investor Relations website at investors.block.xyz. A replay will be available at the same website following the call.
About Block
Block, Inc. (NYSE: SQ), builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we鈥檙e helping build a financial system that is open to everyone.
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Media Contact
press@block.xyz
Investor Relations Contact
ir@block.xyz
Source: Block, Inc.
FAQ
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