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Dillard's Ditches NYSE for Texas Exchange
18 Sep
Summary
- Dillard's Inc. is relocating its stock listing to the Texas Stock Exchange.
- This move makes Dillard's the first retailer on the new exchange.
- The company's shares will begin trading on the Texas exchange starting October 5.
Dillard's Inc. has announced its intention to transfer its principal stock listing to the Texas Stock Exchange. This decision will see the long-standing retailer depart from the New York Stock Exchange, embracing the new marketplace.
As the very first retailer to join this startup exchange, Dillard's marks a significant milestone. The company's shares are slated to begin their trading journey on the Texas exchange commencing October 5. This relocation signals a new chapter for Dillard's and highlights the growing presence of alternative stock exchanges.