CSW Industrials Announces Transfer of Listing of Common Stock to the New York Stock Exchange and Change in Ticker Symbol
CSW Industrials has announced its strategic move from Nasdaq to the New York Stock Exchange (NYSE), with trading expected to begin on June 9, 2025, under the new ticker symbol "CSW". The company will continue trading on Nasdaq until June 6, 2025.
This transition coincides with CSW Industrials' upcoming ten-year anniversary as an independent public company. Chairman, CEO, and President Joseph B. Armes views this move as a significant milestone, highlighting the potential benefits of:
- Increased liquidity for shareholders
- Enhanced market visibility
- Benefits for employee stockholders through their stock ownership plan
NYSE Chief Development Officer Chris Taylor welcomed CSW Industrials, recognizing their importance in Dallas and the industrial solutions sector. The move positions the company among NYSE's distinguished roster of industrial companies on the world's largest stock exchange.
CSW Industrials ha annunciato il suo passaggio strategico dal Nasdaq al New York Stock Exchange (NYSE), con l'inizio delle contrattazioni previsto per il 9 giugno 2025, sotto il nuovo simbolo ticker "CSW". La società continuerà a essere quotata al Nasdaq fino al 6 giugno 2025.
Questa transizione coincide con il prossimo decimo anniversario di CSW Industrials come società pubblica indipendente. Il Presidente, CEO e Presidente Joseph B. Armes considera questo passaggio un traguardo importante, sottolineando i potenziali vantaggi di:
- Maggiore liquidità per gli azionisti
- Maggiore visibilità sul mercato
- Benefici per i dipendenti azionisti attraverso il loro piano di proprietà azionaria
Chris Taylor, Chief Development Officer del NYSE, ha dato il benvenuto a CSW Industrials, riconoscendo la loro importanza a Dallas e nel settore delle soluzioni industriali. Questo spostamento colloca l’azienda tra il prestigioso gruppo di società industriali del NYSE, la più grande borsa valori al mondo.
CSW Industrials ha anunciado su movimiento estratégico desde Nasdaq hacia la Bolsa de Nueva York (NYSE), con la expectativa de que las operaciones comiencen el 9 de junio de 2025 bajo el nuevo símbolo bursátil "CSW". La compañía continuará cotizando en Nasdaq hasta el 6 de junio de 2025.
Esta transición coincide con el próximo décimo aniversario de CSW Industrials como empresa pública independiente. El presidente, CEO y presidente Joseph B. Armes considera este cambio un hito importante, destacando los beneficios potenciales de:
- Mayor liquidez para los accionistas
- Mayor visibilidad en el mercado
- Beneficios para los empleados accionistas a través de su plan de propiedad accionaria
Chris Taylor, Director de Desarrollo del NYSE, dio la bienvenida a CSW Industrials, reconociendo su importancia en Dallas y en el sector de soluciones industriales. Este movimiento posiciona a la empresa entre la distinguida lista de compañías industriales del NYSE en la bolsa de valores más grande del mundo.
CSW Industrials는 나스닥에서 뉴욕 증권 거래소(NYSE)로의 전략적 이전을 발표했으며, 2025년 6월 9일부터 새로운 티커 심볼 "CSW"로 거래를 시작할 예정입니다. 회사는 2025년 6월 6일까지 나스닥에서 거래를 계속할 것입니다.
이번 전환은 CSW Industrials가 독립 상장 기업으로서 10주년을 맞이하는 시기와 맞물립니다. 회장 겸 CEO 및 사장인 Joseph B. Armes는 이번 이동을 중요한 이정표로 보며 다음과 같은 잠재적 이점을 강조했습니다:
- 주주들의 유동성 증가
- 시장 가시성 향상
- 직원 주주들이 주식 소유 계획을 통해 누리는 혜택
NYSE 최고 개발 책임자 Chris Taylor는 CSW Industrials를 환영하며, 이 회사가 댈러스와 산업 솔루션 분야에서 중요한 역할을 하고 있음을 인정했습니다. 이번 이전으로 회사는 세계 최대 증권 거래소인 NYSE의 산업 기업 명단에 이름을 올리게 되었습니다.
CSW Industrials a annoncé son passage stratégique du Nasdaq à la Bourse de New York (NYSE), avec un début de cotation prévu le 9 juin 2025 sous le nouveau symbole "CSW". La société continuera de négocier sur le Nasdaq jusqu'au 6 juin 2025.
Cette transition coïncide avec le dixième anniversaire prochain de CSW Industrials en tant que société publique indépendante. Le président, PDG et président Joseph B. Armes considère ce mouvement comme une étape importante, soulignant les avantages potentiels suivants :
- Une liquidité accrue pour les actionnaires
- Une meilleure visibilité sur le marché
- Des avantages pour les actionnaires salariés via leur plan d'actionnariat
Chris Taylor, directeur du développement de la NYSE, a accueilli CSW Industrials en reconnaissant leur importance à Dallas et dans le secteur des solutions industrielles. Ce mouvement positionne l'entreprise parmi la liste prestigieuse des sociétés industrielles du NYSE, la plus grande bourse au monde.
CSW Industrials hat seinen strategischen Wechsel von der Nasdaq zur New Yorker Börse (NYSE) angekündigt, wobei der Handel voraussichtlich am 9. Juni 2025 unter dem neuen Tickersymbol "CSW" beginnen wird. Das Unternehmen wird bis zum 6. Juni 2025 weiterhin an der Nasdaq gehandelt.
Dieser Übergang fällt mit dem bevorstehenden zehnjährigen Jubiläum von CSW Industrials als unabhängiges börsennotiertes Unternehmen zusammen. Vorsitzender, CEO und Präsident Joseph B. Armes betrachtet diesen Schritt als bedeutenden Meilenstein und hebt die potenziellen Vorteile hervor:
- Erhöhte Liquidität für Aktionäre
- Verbesserte Marktsichtbarkeit
- Vorteile für Mitarbeiteraktionäre durch ihren Aktienbesitzplan
Chris Taylor, Chief Development Officer der NYSE, begrüßte CSW Industrials und erkannte deren Bedeutung in Dallas und im Bereich industrieller Lösungen an. Der Schritt positioniert das Unternehmen unter den renommierten Industrieunternehmen der NYSE an der weltweit größten Börse.
- Transfer to NYSE expected to increase stock liquidity for shareholders
- Potential enhanced market visibility by joining larger exchange
- Employee stock ownership plan benefits from expected increased visibility
- Strategic timing with company's 10-year anniversary as public company
- None.
Insights
CSW Industrials' NYSE transfer signals strategic positioning as it approaches its 10-year milestone, potentially improving liquidity for shareholders.
CSW Industrials has announced a significant market structure change with its upcoming transfer from Nasdaq to the New York Stock Exchange (NYSE), effective June 9, 2025. The company will simultaneously change its ticker symbol from "CSWI" to the simpler "CSW".
This exchange migration coincides with CSWI approaching its 10-year anniversary as an independent public company, suggesting a strategic milestone in the company's evolution. The timing indicates management is positioning the company for its next growth phase by joining what they describe as "the world's largest stock exchange" and aligning with NYSE's roster of industrial companies.
For existing shareholders, this change requires updating trading systems and watchlists with the new ticker symbol. The company explicitly stated their belief that the NYSE listing will "provide additional liquidity and enhanced visibility" to stockholders. This potential liquidity improvement could particularly benefit employee stakeholders who own shares through the company's employee stock ownership plan by potentially reducing bid-ask spreads.
Exchange transfers typically involve different market-making structures, trading mechanics, and fee arrangements, though these operational differences have diminished over time. While NYSE has traditionally carried prestige for industrial companies, the practical differences between major exchanges have narrowed significantly in recent years.
The market structure change represents a neutral development from a fundamental business perspective, as it doesn't directly impact operational performance or financial results. However, the potential for improved trading liquidity and institutional visibility provides a marginally positive long-term outlook for existing shareholders.
DALLAS, April 29, 2025 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI) (the “Company”) today announced that the Company will transfer the listing and trading of its common stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market LLC (“Nasdaq”).
The Company’s common stock is expected to begin trading on the NYSE on Monday, June 9, 2025, under a new ticker symbol, “CSW”. The Company’s common stock is expected to continue to trade on Nasdaq until the close of the market on Friday, June 6, 2025.
Joseph B. Armes, the Company’s Chairman, Chief Executive Officer, and President, commented, “As we anticipate celebrating our ten-year anniversary as an independent public company later this year, we are pleased to mark this milestone in our company's history by moving to the NYSE. We look forward to joining the impressive roster of outstanding industrial companies on the world's largest stock exchange. We believe that this move will provide additional liquidity and enhanced visibility to our stockholders, including our employees who own CSW Industrials stock through our employee stock ownership plan.”
“We are excited to welcome CSW Industrials to the New York Stock Exchange,” said Chris Taylor, NYSE Chief Development Officer. “As a key player in Dallas and across industrial solutions, CSW is a valuable addition to our diverse community of listed companies.”
About CSW Industrials
CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. The Company provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com.
Forward Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as “may,” “should,” “expects,” “could,” “intends,” “plans,” “anticipates,” “estimates,” “believes,” “forecasts,” “predicts” or other similar expressions are intended to identify forward-looking statements, which include, without limitation, the Company’s expectations or beliefs concerning future events that involve risks and uncertainties, including statements regarding the expected benefits and impact of the transfer from Nasdaq to the NYSE.
The forward-looking statements included in this press release are based on our current expectations, projections, estimates, and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.
Investor Relations
Alexa Huerta
Vice President Investor Relations, & Treasurer
214-489-7113
alexa.huerta@cswindustrials.com
FAQ
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