AGL Energy Limited (AGL) today announced that it will regain the ‘AGL’ Australian Securities Exchange (ASX) ticker code from the opening of trade on 24 November 2014.
AGL’s origins are from The Australian Gas Light Company which was listed, firstly on the then Sydney Stock Exchange and then on ASX, under the ticker ‘AGL’ since 1871.
Since its demerger transaction in 2006, AGL has traded on ASX under the code ‘AGK’.
Managing Director and CEO, Michael Fraser, said it was an historic moment to return to the ticker code that represents a large part of the company’s heritage.
"AGL has changed beyond recognition over the past 177 years as it has adapted to the many changes in technologies and community needs over that time. So it is very satisfying that some things can remain the same,” said Mr Fraser.
Elmer Funke Kupper, Managing Director and CEO, ASX Limited, said: “ASX is pleased to confirm the return of the ‘AGL’ ticker code. The company has traded on the exchange for over 140 years. We are delighted we can play our part in returning the AGL ticker to its historic home.”
The change in ticker code will extend to AGL Energy Subordinated Notes which will trade as ‘AGLHA’, also from 24 November 2014.
AGL is one of Australia's leading integrated energy companies and largest ASX listed owner, operator and developer of renewable energy generation in the country. Drawing on over 175 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has one of Australia's largest retail energy and dual fuel customer bases. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is taking action toward creating a sustainable energy future for our investors, communities and customers.