The move will be effective from September 28th and Mattel will continue to trade under the ticker symbol MAT.
Dianne Douglas, treasurer and senior vice president of Investor Relations commented: “Our switch to NASDAQ exemplifies our continued focus on shareholder value.
"We believe NASDAQ’s global technology leadership and vast product offerings provide Mattel and our shareholders with increased value.”
Bruce Aust, executive vice president, Global Corporate Client Group added: "NASDAQ OMX is delighted to welcome Mattel, a global company whose iconic brands have set the standard for the toy industry.
“NASDAQ OMX and our companies have always been a part of how people live, work and play. We look forward to playing together with Mattel to support their vision for growth through our high quality, transparent market, worldwide visibility and unique support services."