RBC Bearings Inc. said Wednesday it is transferring the listing of its common stock and 5.00% Series A Mandatory Convertible Preferred Stock to the New York Stock Exchange from The Nasdaq Global Select Market.
The company said its stock is expected to begin trading on the NYSE on Sept. 26. The common shares will be traded under the ticker symbol RBC, and the preferred shares will be listed under the symbol RBCP. The common shares currently trade on the Nasdaq under symbol ROLL.
RBC, which was founded in 1919, makes and markets highly engineered precision bearings, components and essential systems.
RBC Bearings has a market capitalization of $7.02 billion, 28.93 million shares outstanding and a public float of 28.4 million shares.