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Change in Ticker Symbol on the New York Stock Exchange for American Depositary Shares
SANTIAGO, Chile, April 18, 2023 (GLOBE NEWSWIRE) -- As announced on April 10, 2023, through the press release titled “Amendment to the By-Laws – Change of Name,” Itaú Corpbanca changed its company name to “Banco Itaú Chile,” effective as of from March 28, 2023. In connection with this change, the ticker symbol for American Depositary Shares of Banco Itaú Chile traded on the New York Stock Exchange will change from “ITCB” to “ITCL,” effective from May 1, 2023.
The press release is also available on the company’s investor relations website at ir.itau.cl.
ITAÚ CORPBANCA is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 39.22% owned by Itaú Unibanco, 27.16% owned by the Saieh Family and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Within this context and without limiting the above, Itaú Unibanco and CorpGroup have signed a shareholders' agreement relating to corporate governance, dividend policy (based on performance and capital metrics), transfer of shares, liquidity and other matters.