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Salesforce Changes Legal Name to Salesforce, Inc.

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Rhea-AI Summary

Salesforce (NYSE: CRM) announced it will change its legal name from salesforce.com, inc. to Salesforce, Inc. effective April 4, 2022. This name change will not affect the trading of Salesforce common stock, which will continue to be listed as CRM on the NYSE under the same CUSIP/ISIN number. The company emphasizes its leadership in CRM solutions that enable businesses to create a comprehensive view of their customers globally. For more details, visit www.salesforce.com.

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Positive

  • The change to Salesforce, Inc. reflects the company's brand alignment and market positioning.

Negative

  • None.

News Market Reaction – CRM

-1.38%
-1.38% News Effect

On the day this news was published, CRM declined 1.38%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SAN FRANCISCO, March 25, 2022 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced that, effective April 4, 2022, the company will change its legal name from salesforce.com, inc. to Salesforce, Inc. Shares of Salesforce common stock will continue to trade on the NYSE as CRM and under the same CUSIP/ISIN number.

ABOUT SALESFORCE
Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360° view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM." For more information please visit https://www.salesforce.com, or call 1-800-NO-SOFTWARE.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/salesforce-changes-legal-name-to-salesforce-inc-301510542.html

SOURCE Salesforce

FAQ

Will the stock symbol for Salesforce change?

No, the stock symbol will remain CRM after the name change.

Where is Salesforce headquartered?

Salesforce is headquartered in San Francisco.

What does Salesforce specialize in?

Salesforce specializes in CRM solutions for businesses of all sizes.

How can I learn more about Salesforce's offerings?

More information can be found on Salesforce's official website at www.salesforce.com.