IAA, Inc. (NYSE:IAA) today completed its separation from KAR Auction Services, Inc. (NYSE:KAR). IAA’s common stock will begin trading today on the New York Stock Exchange under the symbol IAA.
“We are excited for IAA to enter the public markets as a strong, independent company. As a standalone publicly traded company, IAA will continue to be a leader in the salvage auction industry, benefitting from an enhanced strategic focus and a streamlined operating structure,” said John Kett, President and Chief Executive Officer of IAA. “We plan to maximize long-term value for our stockholders and customers by building on our core