IAC is Now People Incorporated with New Ticker Symbol

Rhea-AI Summary

People Incorporated (Nasdaq:PPLI), formerly IAC (Nasdaq:IAC), announced its legal name change and new ticker symbol PPLI, effective at the market open on June 4, 2026. Shares continue trading on Nasdaq with the same CUSIP, and no shareholder action is required.

People Incorporated owns America's largest publisher, People Inc., and holds a significant minority stake in MGM Resorts International, reflecting a focus on enduring consumer brands and real-world experiences.

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Shares will begin trading under new Nasdaq stock symbol "PPLI" effective at market open today

NEW YORK, June 4, 2026 /PRNewswire/ -- Today People Incorporated, formerly IAC (Nasdaq: IAC), announced its legal name change and that the Company's common stock, listed on the Nasdaq Capital Market, will begin trading under the new ticker symbol PPLI, effective at market open today June 4, 2026. People Incorporated is the public entity that owns America's largest publisher People Inc., and a significant minority stake in MGM Resorts International.

The planned name change was previously announced in a Letter to Shareholders on April 28, 2026.

The ticker change takes effect on June 4, 2026. No action is required by shareholders. The Company's common stock will continue to trade on the Nasdaq and its CUSIP number will remain unchanged. Investors can visit ir.people-incorporated.com for further company information.

About People Incorporated 

People Incorporated (Nasdaq: PPLI) is the owner of America's largest publisher, People Inc., home to more than 40 celebrated brands including PEOPLE, Food & Wine, Travel + Leisure, InStyle, Better Homes & Gardens, and Southern Living, attracting a total of 175 million consumers each month. The company also holds a significant minority stake in MGM Resorts International, reflecting our belief in the power and potential of businesses built around enduring consumer brands and iconic, real-world experiences. 

People Incorporated represents the latest evolution in a long tradition of entrepreneurial ownership, disciplined capital allocation, and opportunistic value creation. Over three decades, the company has built, operated, invested in, and spun off many of the internet and media industry's defining businesses, and that same spirit of opportunism drives us today. People Incorporated is headquartered in New York City. Visit ir.people-incorporated.com.

Contact Us

People Incorporated Investor Relations

Mark Schneider

(212) 314-7400

People Incorporated Corporate Communications 

Valerie Combs

(212) 314-7251

 

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SOURCE People Incorporated

FAQ

What is IAC's new company name and Nasdaq ticker symbol as of June 4, 2026?

IAC has changed its name to People Incorporated and now trades on Nasdaq under ticker PPLI. According to People Incorporated, the ticker change became effective at the market open on June 4, 2026.

When did People Incorporated start trading under the new ticker PPLI on Nasdaq?

People Incorporated began trading under the new Nasdaq ticker PPLI on June 4, 2026. According to People Incorporated, the change took effect at the market open, following a previously announced plan in an April 28, 2026 shareholder letter.

Do shareholders need to take any action after IAC became People Incorporated (PPLI)?

Shareholders do not need to take any action following the change to People Incorporated (PPLI). According to People Incorporated, the stock continues trading on Nasdaq, the CUSIP remains unchanged, and existing holdings transition automatically to the new ticker.

What businesses does People Incorporated (PPLI) own after the IAC name change?

People Incorporated (PPLI) owns People Inc., described as America's largest publisher, with more than 40 brands. According to People Incorporated, it also holds a significant minority stake in MGM Resorts International, focusing on enduring consumer brands and real-world experiences.

Which media brands are part of People Incorporated's People Inc. portfolio?

People Inc., owned by People Incorporated (PPLI), includes over 40 brands such as PEOPLE, Food & Wine, Travel + Leisure, InStyle, Better Homes & Gardens, and Southern Living. According to People Incorporated, these brands reach about 175 million consumers monthly.

Where can investors find more information about People Incorporated (Nasdaq:PPLI)?

Investors can find more information on People Incorporated's investor relations website at ir.people-incorporated.com. According to People Incorporated, this site provides company details, ownership structure, and contact information for investor relations and corporate communications.