Eagle Materials will become a founding member of the NYSE Texas Exchange on Thursday, when the dual listing of its common stock on the exchange goes live.
NYSE Texas is a newly launched, fully electronic equities exchange headquartered in Dallas. The company will maintain its primary listing on the NYSE and will trade under the same ticker symbol, “EXP,” on NYSE Texas.
“Today’s announcement reinforces both our long-term relationship with the NYSE and our commitment to the state of Texas,” says Michael Haack, president and CEO of Eagle Materials. “Since our Initial Public Offering in 1994, Eagle Materials has been proudly headquartered in Dallas, Texas, and listed on the NYSE.
“Our core products of cement, aggregates and wallboard have helped improve and expand roads, bridges and homes throughout Texas and the U.S. heartland,” Haack adds. “Dual listing as a founding member of the NYSE Texas is a logical step for Eagle as we continue to support Texas’ growth.”
Adds Chris Taylor, chief development officer for NYSE Group: “We are excited to welcome Eagle Materials, a Dallas-based manufacturer of building materials that are furthering U.S. growth and renewal, to the NYSE Texas community of founding members.”
