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Note to the Market | Banco Itaú Chile | Change in Ticker Symbol | New York Stock Exchange for American Depositary Shares

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Rhea-AI Summary

Banco Itaú Chile has announced key changes to its stock identification codes. Starting April 24, 2023, the identification code for shares traded on Bolsa de Comercio de Santiago will change to ITAUCL. Additionally, the ticker symbol for the American Depositary Shares on the New York Stock Exchange will be modified from ITCB to ITCL, effective May 1, 2023.

These amendments are part of the company's ongoing efforts to streamline its corporate identity and improve market visibility. For more information, investors can visit the company’s investor relations website.

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Positive

  • Change to ticker symbol from ITCB to ITCL may enhance market visibility.
  • Amendment to identification codes reflects corporate rebranding efforts.

Negative

  • None.

News Market Reaction – ITCB

-3.94%
-3.94% Session move

In the trading session that priced this news, ITCB declined 3.94%, reflecting a moderate 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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SANTIAGO, Chile, April 21, 2023 (GLOBE NEWSWIRE) -- As announced on April 10, 2023, through the press release titled “Amendment to the By-Laws – Change of Name”, we hereby inform that the identification codes of the shares issued by Banco Itaú Chile will be amended:

  1. The identification code that identifies the shares issued by Banco Itaú Chile in Bolsa de Comercio de Santiago, Bolsa de Valores, will be changed to “ITAUCL”, as of April 24, 2023; and
  2. The ticker symbol for the American Depositary Shares of Banco Itaú Chile traded in the New York Stock Exchange, will be changed from “ITCB” to “ITCL”, as of May 1, 2023.

The press release is also available on the company’s investor relations website at ir.itau.cl.

Investor Relations Itaú Chile
+56 (2) 2660-1701 / IR@itau.cl 

Website: ir.itau.cl | Indeed/Itaú Chile | facebook.com/itauchile | Instagram @itauchile.


FAQ

What is the new ticker symbol for Banco Itaú Chile?

The new ticker symbol for Banco Itaú Chile will be ITCL, changing from ITCB on May 1, 2023.

When will the changes to the identification codes take place?

The identification code for shares on Bolsa de Comercio de Santiago will change on April 24, 2023.

Why is Banco Itaú Chile changing its ticker symbol?

The change is part of the company’s efforts to streamline its corporate branding and improve visibility in the market.