Business Context and Reporting Period
This Form 8-K Current Report was filed by Conduent Incorporated on December 10, 2019. The filing addresses a corporate governance action regarding the listing status of the Company's common stock.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The primary material change reported is the voluntary withdrawal of the Company's common stock listing from the New York Stock Exchange (NYSE) and its transfer to The Nasdaq Global Select Market.
- Effective Dates: Trading on the NYSE is expected to end at market close on December 22, 2019. Trading on Nasdaq is expected to begin at market open on December 23, 2019.
- Stock Symbol: The common stock will continue to trade under the symbol CNDT.
- Authorization: The decision was made by the Company's Board of Directors.
Guidance, Outlook, and Risks
The filing includes a press release (Exhibit 99.1) regarding the listing transfer. No financial guidance, forward-looking outlook, or specific risk factors related to operations are disclosed in this text. The document notes that the information furnished is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Confirm the trading symbol remains CNDT on the Nasdaq Global Select Market.
- Verify the transition dates: NYSE trading ends December 22, 2019; Nasdaq trading begins December 23, 2019.
- Review the attached press release (Exhibit 99.1) for any additional context on the strategic rationale for the exchange transfer.