GUADALAJARA, Mexico , May 28, 2024 /PRNewswire/ -- Betterware de México, S.A.P.
I. de C.V.
(Nasdaq: BWMX) ("BeFra" or the "Company") the leading direct-to-consumer company in Mexico through Betterware and Jafra, announced today that the Company will transfer the listing and trading of its common stock to the New York Stock Exchange ("NYSE") from the Nasdaq Stock Market LLC ("Nasdaq"). The Company expects to commence trading as a NYSE-listed company on June 7, 2024 upon market open. The Company's common stock will continue trading under its current ticker symbol "BWMX" after the transfer.
Luis Campos , Chairman of the Board, commented, "We're pleased to announce the transfer of our company's stock listing to the NYSE, one of the world's most prestigious trading platforms, and look forward to the benefit of the stability embodied by the NYSE's well-established hybrid trading model's success in mitigating trading volatility." Andres Campos , BeFra's CEO, commented, "This strategic move reflects our confidence in the NYSE's market infrastructure and global visibility. We look forward to leveraging all the advantages of the NYSE platform, which combines world-class technology with human oversight and accountability, to expand our reach and create long-term value for all of our stockholders.
" "We're thrilled to welcome Betterware de Mexico to the New York Stock Exchange ," said John Tuttle , Vice Chair, NYSE Group . "As an NYSE-listed company, the company joins a global communit.