Source: Metavante Technologies
Metavante Technologies, Inc. today announced that it has completed its spin-off from Marshall & Ilsley Corporation (NYSE:MI).
Shares of common stock for Metavante Technologies, Inc. will begin trading today on the New York Stock Exchange (NYSE) under the symbol "MV." Metavante Corporation is the principal operating subsidiary of Metavante Technologies, Inc.
Metavante President and Chief Executive Officer Frank R. Martire will ring The Opening Bell at the NYSE today to mark the occasion. Other members of the Metavante executive team, board members and Metavante employees will join him.
"Today marks the beginning of a new chapter in the 43-year history of Metavante Corporation," said Martire. "As we take this first step as an independent publicly traded company, we reaffirm that our commitment to delivering leading banking and payment technologies to our financial institution and corporate clients worldwide will not waver. We expect to continue to grow our company to support our clients while delivering the performance that our shareholders deserve. Listing our stock on the world's largest equities marketplace will help position Metavante for growth both domestically and globally - it's a proud day for our company and all our employees."