Resolute Forest Products is AbitibiBowater’s new official name
May 23rd, 2012 | Posted in Misc. | 1 comment »
At AbitibiBowater‘s annual general meeting today, stockholders have approved renaming the company to “Resolute Forest Products” effective tomorrow – May 24, 2012.
As part of this change, stockholders also agreed to change the company’s common stock ticker symbol from ABH to RFP on both the New York Stock Exchange and the Toronto Stock Exchange. RFP will begin trading on the New York Stock Exchange on May 24, and on the Toronto Stock Exchange on May 28.
Any impact this legal entity name transition may have for Resolute’s customers and business partners will be communicated directly to these parties over the coming days.
Also at the meeting today, 8 directors were elected for 2012:
- Richard B. Evans
- Richard D. Falconer
- Richard Garneau
- Jeffrey A. Hearn
- Bradley P. Martin
- Alain Rhéaume
- Michael S. Rousseau
- David H. Wilkins
Today the stockholders have also ratified the appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the 2012 fiscal year.
Source: Resolute Forest Products
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Woo-Hoo, new name, same poor management at the helm, here in Thunder Bay at least. Lots of talk about safety but only on the part of the employee. You get hurt, it’s your fault. We’re not fixing it unless it’s in a high profile area or will affect production. I guess the thought is, if they change the name, everyone will forget what a loser Abi-Bow was.