SCOTTSDALE, Ariz. - eFunds Corporation (Nasdaq: EFDS) plans to transfer its common stock listing to the New York Stock Exchange (NYSE).
According to a news release, eFunds anticipates its shares will begin trading on the NYSE on Jan. 2, 2004 under the symbol "EFD." Until then, the company's common stock will continue to trade on the NASDAQ National Market under the ticker symbol "EFDS."
Paul F. Walsh, chairman and chief executive called the move "an important milestone" for eFunds. "As a company that provides world-class transaction processing, risk management and outsourcing services on a global basis, it is fitting that our shares will soon trade on the world's largest global equities market. We look forward to taking this next step in the company's development."
According to the release, eFunds is one of the largest third-party EFT processors, is the largest non-bank deployer of ATMs in North America and is the provider of the world's largest debit database.
