General Motors said Tuesday its board has authorized a voluntary transfer of the company’s U.S. listing from the New York Stock Exchange to the Nasdaq Global Select Market. The automaker will keep the ticker GM, and existing shareholders are not required to take any action, the company said.
Timing and index implications
GM said its shares are expected to trade on the NYSE through the market close on Nov. 16, 2026, and to begin trading on Nasdaq on Nov. 17, 2026. The move makes the company eligible for consideration for the Nasdaq-100, the technology- and growth-tilted index that tracks the 100 largest nonfinancial companies listed on Nasdaq.
| Event | Date (2026) |
|---|---|
| Last NYSE trading day | Nov. 16 |
| First Nasdaq trading day | Nov. 17 |
| Index ranking reference day | Nov. 30 |
| Potential Nasdaq-100 changes effective | Dec. 21 |
Nasdaq’s annual reconstitution ranks eligible companies by market value on the last trading day of November — this year Nov. 30 — with changes taking effect at the market open on the first trading day after the third Friday of December, which falls on Dec. 21. Nasdaq counts trading history on the NYSE toward the minimum three full calendar months of trading required for standard inclusion; the company did not say whether it expects to be added to the index in December.
“GM’s customer-focused, technology-driven strategy is creating value for our stockholders, making Nasdaq a natural home for our listing as we grow,” said Paul Jacobson, Executive VP and Chief Financial Officer.
Market context and potential flows
The company noted that being listed on Nasdaq “provides eligibility for potential inclusion in the Nasdaq-100 Index.” Funds that track that index buy the shares of companies added to the Nasdaq-100, which can increase demand for the stock. Under Nasdaq’s rules, companies can also enter the index between annual reviews under a fast-entry provision if their market value ranks within the top 40 current members.
At Monday’s close GM had a market value of about $64.8 billion based on a last trade price of $76.31. The company reported that, as of the notice, the stock was trading about 2.08% higher at $77.90.
What shareholders and consumers should know
- Existing holders of GM shares do not need to take any action for the listing transfer, the company said.
- If Nasdaq adds GM to the Nasdaq-100, index funds and ETFs that track the benchmark may buy shares, which can affect share demand and liquidity.
- The ticker (GM) and the company’s U.S. trading status will remain in place after the transfer, according to GM.
The automaker thanked the New York Stock Exchange for its “long-standing partnership and remarkable legacy,” while framing the move as aligned with a strategy it described as technology-driven and focused on customer-facing growth.
