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Keurig Dr Pepper to transfer to Nasdaq stock exchange

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September 8, 2020

Keurig Dr Pepper will transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Stock Market later this month, the company announced in a press release.

"Listing on Nasdaq is an important milestone in Keurig Dr Pepper's evolution as a modern beverage company with a diverse and widely-held shareholder base," Keurig Dr Pepper Chairman and CEO Bob Gamgort said in the release. "We are pleased to be joining the ranks of the world's most innovative companies on Nasdaq."

Upon listing, Keurig Dr Pepper will be among the largest companies on Nasdaq. The Nasdaq-100 index includes 100 of the largest domestic and international non-financial companies listed on the exchange based on market capitalization, and Keurig Dr Pepper would currently rank within the top 50 of this prestigious group.

The company will retain the "KDP" ticker with trading on Nasdaq expected to begin on Sept. 21, 2020.