Auction roundup: Awards from Exeter & ACV’s stock move

Exeter Finance honored seven auctions as part of its 2024 Auction eXcellence Awards. Image courtesy of the company.
Exeter Finance recently announced its 2024 Auction eXcellence Awards, honoring seven operations.
The recipients included:
Division I: United Auto Exchange
Division II: Oklahoma Auto Exchange
Division III: ADESA Salt Lake
Exeter Most Improved (EMI): All Valley Dealer Auto Auction
Play of the Year: EBlock Houston
Continued eXcellence: Carolina Auto Auction
MVP: America’s St. Louis
“It was an honor to acknowledge this year’s auction winners. Our team collaborates after the start of the year to select the winners, based on retention, cycle times, and service. All of the winners exemplify these characteristics, and we are very proud of their accomplishments,” said Brent Huisman, senior vice president of asset remarketing and repossession at Exeter Finance.
Stephanie Compton, vice president of asset remarketing at Exeter Finance, added: “Presenting our top auction partners with an eXcellence award is just as exciting for our team as it is for the winning auctions. Their collaboration and dedication in managing the Exeter account while exceeding service expectations and performance metrics are vital to our mutual success. We couldn’t achieve this without their hard work and are excited to celebrate their accomplishments.”
ACV to shift stock trading from Nasdaq to NYSE
In other auction news, ACV announced that week that it will transfer the listing and trading of its common stock to the New York Stock Exchange from the Nasdaq Stock Market.
The company said ACV’s common stock is expected to begin trading on the NYSE on March 24. It will continue to be traded under its current ticker symbol “ACVA.”
ACV’s common stock is expected to continue to trade on Nasdaq until the close of the market on March 21.
“We are excited to announce the transfer of our company’s stock listing to the NYSE, which represents another step in our journey as a public company,” ACV chief financial officer Bill Zerella said in a news release. “We believe the NYSE’s market infrastructure and global visibility will strengthen our position and expand our reach to stockholders.”
New York Stock Exchange chief development officer Chris Taylor added: “We are pleased to welcome ACV to our community of listed companies. We look forward to working with the company for years to come, as it takes advantage of the visibility and liquidity that the NYSE uniquely provides.”