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CSW Industrials Announces Transfer of Listing of Common Stock to the New York Stock Exchange and Change in Ticker Symbol
Globenewswireยท 2025-04-29 12:00
Core Viewpoint - CSW Industrials, Inc. is transferring its common stock listing from Nasdaq to the New York Stock Exchange (NYSE), marking a significant milestone as the company approaches its ten-year anniversary as an independent public entity [1][3]. Company Announcement - The common stock is expected to begin trading on the NYSE on June 9, 2025, under the new ticker symbol "CSW" [2]. - Trading on Nasdaq will continue until the market closes on June 6, 2025 [2]. Executive Commentary - Joseph B. Armes, the Company's Chairman, CEO, and President, expressed enthusiasm about the move to the NYSE, highlighting the anticipated benefits of increased liquidity and visibility for shareholders, including employees participating in the employee stock ownership plan [3]. - Chris Taylor, NYSE Chief Development Officer, welcomed CSW Industrials, emphasizing its role as a key player in the industrial solutions sector [3]. Company Overview - CSW Industrials is a diversified industrial growth company operating in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions [4]. - The company provides niche, value-added products known for performance and reliability, serving markets such as HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation [4].