Will change from from “SGR” to “SHAW,” effective at the start of trading on Aug. 21
– By Stephen Heiser –
The Shaw Group Inc. has announced it will change its ticker symbol on the New York Stock Exchange from “SGR” to “SHAW,” effective at the start of trading on Aug. 21, 2009. The change of the ticker symbol is a seamless process managed by the New York Stock Exchange such that trading of the stock is unaffected.
To mark the occasion, company officials and Shaw’s board of directors will join J.M. Bernhard Jr., chairman, president and chief executive officer, as he rings the opening bell on the floor of the New York Stock Exchange that day.
“The Shaw name is recognized widely across our industry and around the globe. Changing our ticker symbol to SHAW extends this recognition and links our stock listing with our identity,” said J.M. Bernhard Jr., chairman, president and chief executive officer of Shaw. “The new symbol helps our clients and shareholders better identify our stock and our company.”
The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets. A Fortune 500 company with fiscal year 2008 annual revenues of $7 billion, Shaw is headquartered in Baton Rouge, La., and employs approximately 26,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region. Shaw is the power sector industry leader according to Engineering News-Record's list of Top 500 Design Firms. For further information, please visit Shaw's Web site at www.shawgrp.com.