ST. LOUIS — Energizer Holdings announced on Wednesday that it has completed the spin off from its former parent company, newly named Edgewell Personal Care Co., and has begun operating as an independent, publicly traded entity.
The new Energizer will be called Energizer Holdings and will trade under the ticker symbol "ENR." Starting Wednesday, the new Energizer will begin "regular-way" trading on the New York Stock Exchange.
"We are pleased to carry forward the globally recognized name and legacy of Energizer, and we are excited to begin a successful new era in our company's history," stated Alan Hoskins, CEO of Energizer Holdings. "We will lead the charge with a renewed focus on our core business of batteries and portable lighting products, building upon the strength of our two iconic brands, Energizer and Eveready, and our leading market positions around the world. With a strong tradition of bringing innovation to our product categories and a relentless focus on cost savings, we are committed to driving long-term value for our shareholders, customers and consumers."
In connection with the listing of its shares of common stock on the NYSE, members of Energizer's management team will ring the NYSE Opening Bell on Thursday.
As previously announced, common stockholders of record as of the close of business on June 16, the record date for the distribution, received one share of Energizer for each share of Edgewell common stock held as of the record date. The distribution of Energizer shares was made in book-entry form and no action or payment by Edgewell shareholders was required to receive Energizer shares. No physical share certificates of Energizer were issued.