NEW YORK, April 19, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of Blackhawk Network common stock (Nasdaq:HAWK) commenced on The NASDAQ Stock Market on Friday, April 19, 2013. Blackhawk Network, now listed under the ticker symbol HAWK, is a leading provider of prepaid and financial payments products for consumers and businesses. Blackhawk Network is a subsidiary of Safeway Inc. (NYSE:SWY). Safeway remains Blackhawk Network's majority shareholder.
Blackhawk Network offers the industry's most popular prepaid gift card, telecom and financial service brands through its platform, Gift Card Mall™, which offers a broad range of gift cards delivered via email or traditional mail. Gift Card Mall, with access to 160 million customer visits each week, is available through a network of leading grocery stores, big box, convenience, pharmacy, specialty stores, Internet retailers and mobile channels, including GiftCardMall.com.
"Blackhawk Network offers customers a variety of convenient options for shopping and sending gifts from their favorite brands by providing gift cards from a wide range of retailers and other card providers," said Bob McCooey, Senior Vice President, NASDAQ OMX. "NASDAQ congratulates Blackhawk Network on their successful listing and we are proud to welcome them to our family of listed companies. We greatly look forward to our partnership with Blackhawk Network and look forward to continue supporting the company and its shareholders in the years to come."
NASDAQ has consistently been the exchange of choice for innovative, industry-leading companies such as Blackhawk Network. NASDAQ is home to many of Blackhawk Networks' gift card retail providers, including Starbucks, Amazon.com, Staples, Groupon and Bed Bath & Beyond.
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The information contained above is provided by The NASDAQ OMX Group, Inc. for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
CONTACT: Jennifer Knapp +1 212 401 8916 Jennifer.Knapp@nasdaqomx.com
Source:The NASDAQ OMX Group, Inc.