Yandex completes name change to Nebius Group

Nebius Group N.V. (NBIS), formerly known as Yandex N.V., the Dutch parent company of the Nebius Group, announced the completion of its name and stock ticker change from Yandex N.V. (YNDX). “As of August 21, 2024, all stock trading, filings, and market related information will be reported under the new symbol NBIS. Trading in the Class A shares remains suspended at this time. The CUSIP and ISIN for the Class A shares will remain unchanged. This change in name and ticker symbol will not impact the group’s operations, management or structure. Shareholders are not required to take any specific action regarding this change,” the company stated.