Exxon Mobil Corp. (XOM) said Monday that its previously approved redomiciliation from New Jersey to Texas is expected to become effective on July 1, 2026.
Upon completion of the move, ExxonMobil Holdings Corp. will become the publicly traded parent company, replacing Exxon Mobil Corp. of New Jersey.
The energy giant noted that its shares will continue to trade on the New York Stock Exchange under the ticker symbol XOM, and shareholders will not be required to take any action as a result of the change.
The relocation was approved by shareholders during the company's 2026 Annual Meeting and reflects ExxonMobil's plan to establish Texas as its legal domicile. The company is headquartered in Spring, Texas.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.