GeoEye Approved For Listing On The Nasdaq Global Market

GeoEye began trading its common stock on Thursday Sept, 14, 2006 under the symbol “GEOY”.
The Company’s common stock was previously traded as “ORBM” on the National Quotation Service Bureau, known as the over-the-counter Pink Sheets, since January 13, 2004.
“One of our 2006 corporate goals was to successfully transfer trading of GeoEye’s stock to Nasdaq, which is the largest U.S. electronic stock market,” said Henry E. Dubois, GeoEye’s Executive Vice President and Chief Financial Officer.
“We are pleased to offer our shareholders a more diverse and open conduit for trading by listing on the Nasdaq, which on average trades more shares per day than any other U.S. market.” Matt O’Connell, GeoEye’s president and chief executive officer, stated, “Listing on Nasdaq is a historic event for our company and the remote sensing industry”
“It reflects the support that GeoEye has received from our investors, without whom we would not have achieved the consolidation earlier this year that created the world¬?s biggest commercial satellite company. This will give us more options as we consider opportunities for growth”
Author: EARSC

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