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Security Profile
- Security Type
- Common Stock
- CUSIP
- 70450Y103
- Market Cap
- Large Cap · $47 Billion
Business: PayPal Holdings, Inc. is a leading technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. PayPal strives to increase its relevance for consumers, merchants, friends and family to access and move their money anywhere in the world, anytime, on any platform and through any device. The Company provide safer and simpler ways for businesses of all sizes to accept payments from merchant websites, mobile devices and applications, and at offline retail locations through a wide range of payment solutions across PayPal's Payments Platform, including PayPal, PayPal Credit, Venmo and Braintree products.
Notes: Nov. 03, 2015 -- Nasdaq today announced that PayPal Holdings, Inc. will become a component of the NASDAQ-100 Index (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) on Wednesday, November 11, 2015. _______________July 1, 2015 -- PayPal, Inc. and Xoom Corp. (NASDAQ: XOOM), a digital money transfer provider, today announced a definitive agreement under which PayPal will acquire Xoom for $25 per share in cash or an approximate $890 million enterprise value. The transaction represents a premium of 32% over Xoom's three-month volume-weighted average price and was unanimously approved by the Boards of Directors of both companies, as well as the Board of eBay Inc., PayPal's parent Company. Upon closing of the acquisition, Xoom will operate as a separate service within PayPal. The acquisition is expected to close in the fourth quarter of 2015. _____________June 26, 2015 -- eBay Inc. (NASDAQ: EBAY) today announced that its board of directors has approved the completion of the previously announced separation of eBay and PayPal into independent publicly traded companies. The separation will occur through a pro rata distribution of all of the stock of eBay’s subsidiary PayPal Holdings, Inc. to eBay stockholders. In the distribution, eBay Inc. stockholders will receive one share of PayPal common stock for each share of eBay Inc. common stock held as of the close of business on July 8, 2015, the record date for the distribution. Subject to the satisfaction of the conditions to the distribution, the distribution of PayPal common stock is expected to occur on July 17, 2015. PayPal anticipates that when-issued trading will begin on or about July 6, 2015, and will continue up to and through the distribution date. Shares of PayPal in the when-issued market will trade under the symbol PYPLV. Regular-way trading in PayPal’s common stock is expected to begin on July 20, 2015. PayPal will be an independent, publicly traded company and will be listed on the NASDAQ Stock Market under the ticker PYPL. eBay will continue to trade on the NASDAQ Stock Market under the ticker EBAY.
Company Contact
- CEO
- Dan Schulman
- CFO
- Patrick Dupuis
- Headquarters
- 2211 North First Street, San Jose, CA 95131
- Phone
- 408-967-1000
- Investor Relations
- Tracey Ford · 408-967-1000 · tford@paypal.com