Symetra Financial Corporation Celebrates IPO, First Day of Trading on NYSE
22 Gennaio 2010 - 4:23PM
Business Wire
Bellevue, Wash.-based life insurer Symetra Financial Corporation
(“Symetra”) today opened for trading on the New York Stock Exchange
under the ticker symbol “SYA” after its successful IPO, which
raised $364.8 million in total proceeds (for both
primary and secondary shares).
Symetra is among the first companies to go public on the NYSE in
2010.
“As one of the first companies to go public in 2010, Symetra
Financial is a welcome addition to our premier network of
NYSE-listed companies,” said Scott R. Cutler, NYSE Euronext EVP and
Head of Listings, Americas. “The initial public offering of Symetra
Financial demonstrates the continued and strong momentum of
companies listing on the NYSE, committed to the capital-raising
process. We look forward to a long-standing partnership with
Symetra Financial and its shareholders.”
To mark this special occasion, Symetra President and Chief
Executive Officer Randy Talbot rang today’s Opening Bell, joined on
the podium by Symetra senior leaders and members of the company’s
board of directors.
“This is a great day for Symetra and for our employees who have
worked so hard to achieve this important milestone,” said Symetra
President and Chief Executive Officer Randy Talbot. “We are honored
to be listed on the New York Stock Exchange, and we welcome the
transparency and visibility the NYSE gives to Symetra as we build
on our success.”
About Symetra Financial
Corporation (NYSE: SYA)
Symetra Financial Corporation (NYSE: SYA) is a diversified
financial services company based in Bellevue, Wash. In business
since 1957, Symetra provides employee benefits, annuities and life
insurance through a national network of benefits consultants,
financial institutions and independent agents and advisors.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and the United States trade equities,
futures, options, fixed-income and exchange-traded products. With
more than 8,000 listed issues, NYSE Euronext's equities markets –
the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE
Alternext and NYSE Arca – represent nearly 40 percent of the
world's equities trading, the most liquidity of any global exchange
group. NYSE Euronext also operates NYSE Liffe, the leading European
derivatives business and the world's second-largest derivatives
business by value of trading. The company offers comprehensive
commercial technology, connectivity and market data products and
services through NYSE Technologies. NYSE Euronext is in the S&P
500 index, and is the only exchange operator in the S&P 100
index and Fortune 500. For more information, please visit:
http://www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements,
including forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include, but are not limited to,
statements concerning NYSE Euronext’s plans, objectives,
expectations and intentions and other statements that are not
historical or current facts. Forward-looking statements are based
on NYSE Euronext’s current expectations and involve risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in such forward-looking statements.
Factors that could cause NYSE Euronext’s results to differ
materially from current expectations include, but are not limited
to: NYSE Euronext’s ability to implement its strategic initiatives,
economic, political and market conditions and fluctuations,
government and industry regulation, interest rate risk and U.S. and
global competition, and other factors detailed in NYSE Euronext’s
reference document for 2008 (“document de référence”) filed with
the French Autorité des Marchés Financiers (Registered on April 28,
2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and
other periodic reports filed with the U.S. Securities and Exchange
Commission or the French Autorité des Marchés Financiers. In
addition, these statements are based on a number of assumptions
that are subject to change. Accordingly, actual results may be
materially higher or lower than those projected. The inclusion of
such projections herein should not be regarded as a representation
by NYSE Euronext that the projections will prove to be correct.
This press release speaks only as of this date. NYSE Euronext
disclaims any duty to update the information herein.
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