Companhia Vale do Rio Doce announced that it is changing the ticker symbols of its ADRs traded on the New York Stock Exchange to VALE and VALE.P from, respectively, RIO and RIO.PR. The new ticker symbols VALE and VALE.P will be effective at the start of trading on last Monday of May 4th 2009.
The move is consistent with the implementation of our new brand name, Vale, which had begun in November 29th 2007.
The ticker symbols of Vale shares traded on the Euronext Paris, BM&F BOVESPA and Madrid’s LATIBEX will not suffer any change.
Vale’s ADRs started to be traded on the NYSE in June 2000 and March 2002 and have been one of the mostly traded ADRs on the NYSE. Vale will be the first non US NYSE listed company to use a 4 letter symbol on the NYSE.
