Exxon looks to ditch New Jersey incorporation for Texas homecoming - Reuters

<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxNd3RIcGdFSGE1R3pUbC1rVmRDS1BNUUlOcUFVVFkwbVBpN3ZlRk03LTlrNFJsQWN0NWdUNHZWTi1ONDUyeDdjZUdob2VkNzdtY3NXalBqY3p6cUVHd3E0dWpLRDB2dUpDbmFYeV9iWUphRGktSEFVRzZJbXI3WXVBT29rQWU0MmFONDl5MkJoaFJ4dFQ2UE5MMFc4QmZIUHYya2d1bi0xaGtyQkJNUldWeGpB?oc=5" target="_blank">Exxon looks to ditch New Jersey incorporation for Texas homecoming</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

ExxonMobil's Board of Directors has unanimously recommended that shareholders approve changing the company’s legal domicile from New Jersey to Texas, aligning its legal home with its operating home in Texas.

Exxon Mobil Corporation announced its board of directors unanimously recommended shareholders approve changing the company's legal domicile from New Jersey to Texas, aligning its legal home with its operating home in Texas.

Exxon Mobil is seeking to abandon its corporate registration in New Jersey and redomicile in Texas where its headquarters is located, in a move that could help bolster its defenses against activist shareholders and climate advocates.

Exxon Mobil Corp. is seeking to shift its legal home to Texas after being incorporated in New Jersey for more than a century, aiming to operate in a more favorable business environment and align its legal and physical headquarters.

ExxonMobil's board of directors has unanimously recommended that shareholders approve relocating the company’s legal domicile from New Jersey to Texas, aligning its corporate structure with operations that have been based in Texas for decades.