NACCO INDUSTRIES ANNOUNCES DUAL LISTING ON NYSE TEXAS

NACCO Industries (NYSE: NC) announced a dual listing of its Class A common stock on NYSE Texas, effective December 11, 2025, while retaining its primary listing on the New York Stock Exchange.

Rhea-AI Summary

NACCO Industries (NYSE: NC) announced a dual listing of its Class A common stock on NYSE Texas, effective December 11, 2025, while retaining its primary listing on the New York Stock Exchange.

The company will trade on NYSE Texas under the same ticker NC. Management said the move reinforces NACCO's relationship with NYSE, deepens its commitment to Texas — a key region for its natural-resources operations — and aims to increase market visibility while supporting the state's capital-market infrastructure.

Contact and investor resources are available at nacco.com and ir.nacco.com.

Argus Dec 10 session

+5.25% close to close Open Argus

Details

News Market Reaction – NC

On Dec 10, the day this news came out, NC closed 5.25% above the previous close.

Data tracked by StockTitan Argus for the Dec 10 session.

Market Context

On Dec 10, the day this news came out, the stock closed 5.3% above the previous close. A strong posi...

Analysis

On Dec 10, the day this news came out, the stock closed 5.3% above the previous close. A strong positive reaction aligns with a generally constructive corporate backdrop, including recent contracts and capital return announcements. However, prior news such as the dividend and $20.0 million repurchase authorization saw a -5.94% move, showing sentiment can be inconsistent. Investors might consider whether enthusiasm for increased visibility from the NYSE Texas dual listing could fade, especially given past instances where upbeat developments did not translate into lasting price strength.

Key Figures

Dual listing effective date: December 11, 2025 Primary listing venue: New York Stock Exchange Listing history: Over 60 years

Dual listing effective date

December 11, 2025

Effective date for NYSE Texas dual listing

Primary listing venue

New York Stock Exchange

Company will maintain primary NYSE listing

Listing history

Over 60 years

Time NACCO has been listed on the NYSE

Historical Context

5 past events · Latest: Nov 18

5 events

1. Nov 18

   Dividend & buyback

   24h Move

   -5.9%

   New dividend declaration and $20M stock repurchase authorization through 2027.

2. Nov 04

   New contract award

   24h Move

   -0.2%

   Multi‑year dragline excavation contract for Everglades restoration project.

3. Oct 28

   Earnings schedule

   24h Move

   +0.6%

   Announcement of Q3 2025 earnings release date and conference call details.

4. Oct 08

   Industry award

   24h Move

   -0.4%

   Reclamation award for Mitigation Resources of North America’s Burton Bend project.

5. Sep 25

   Long-term contract

   24h Move

   -4.7%

   New 10‑year limestone mining contract expanding Florida quarry operations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

dual listing, class a common stock, equities exchange, ticker symbol, +1 more

5 terms

dual listing financial

"announced today the dual listing of its Class A Common Stock on NYSE Texas"

A dual listing is when a company makes the same shares available on two different stock exchanges, often in different countries, so investors can buy and sell the same ownership stake in more than one market—like a shop opening branches in two cities that sell the same product. It matters to investors because it can widen the pool of buyers, make shares easier to trade, expose the stock to different currencies and rules, and create price differences or arbitrage opportunities that affect returns and risk.

View in glossary

class a common stock financial

"dual listing of its Class A Common Stock on NYSE Texas"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

equities exchange financial

"NYSE Texas, the newly launched fully electronic equities exchange"

An equities exchange is a regulated marketplace where shares of publicly traded companies are bought and sold, matching people who want to buy stock with those who want to sell. It matters to investors because it provides a transparent place to discover prices, complete trades quickly, and judge a company’s market value — like a busy marketplace that sets fair prices by showing what buyers will pay and sellers will accept.

ticker symbol financial

"will trade on NYSE Texas with the same "NC" ticker symbol"

A ticker symbol is a short, unique code of letters or characters that identifies a publicly traded security on an exchange — like a car’s license plate or a person’s nickname for the market. Investors use ticker symbols to look up live prices, place trades, and follow news; using the correct symbol makes sure you’re tracking or buying the intended stock, bond, or fund and helps avoid costly mix-ups.

View in glossary

capital market infrastructure financial

"support the state's growing capital market infrastructure as we continue"

Capital market infrastructure is the network of systems, institutions and rules that let buyers and sellers trade stocks, bonds and other securities safely and efficiently — think of it as the roads, traffic lights and toll booths of the financial world. It matters to investors because reliable infrastructure reduces the risk of delays, errors or losses, keeps trading costs predictable, and helps markets stay liquid and trustworthy, which affects how easily and cheaply investors can buy or sell assets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CLEVELAND, Dec. 10, 2025 /PRNewswire/ -- NACCO Industries^® (NYSE: NC) announced today the dual listing of its Class A Common Stock on NYSE Texas, the newly launched fully electronic equities exchange, effective December 11, 2025. NACCO will maintain its primary listing on the New York Stock Exchange and will trade on NYSE Texas with the same "NC" ticker symbol.

"We are pleased to reinforce our long-standing relationship with the NYSE and deepen our commitment to the Lone Star State, a key region for natural resources and an area where we proudly operate, invest and maintain deep community ties," said J.C. Butler, President and Chief Executive Officer of NACCO. "This dual listing reaffirms our support for Texas' business-friendly environment, while increasing our market visibility. We welcome the opportunity to support the state's growing capital market infrastructure as we continue to create long-term value for our shareholders."

"As a premier natural-resources provider that has been listed on the NYSE for over 60 years, we are thrilled to welcome NACCO Industries to the NYSE Texas community," said Bryan Daniel, President, NYSE Texas.

About NACCO Industries

NACCO Industries^® brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. Learn more about our companies at nacco.com or get investor information at ir.nacco.com.

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SOURCE NACCO Industries

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did NACCO Industries (NC) announce on December 10, 2025?

NACCO announced a dual listing of its Class A common stock on NYSE Texas, effective December 11, 2025, while keeping its primary NYSE listing.

Will NACCO Industries keep its NYSE listing after the NYSE Texas listing?

Yes. NACCO will maintain its primary listing on the New York Stock Exchange and add a trading venue on NYSE Texas.

What ticker will NACCO use on NYSE Texas and when does trading start?

NACCO will trade under the same ticker NC on NYSE Texas, with trading effective December 11, 2025.

Why did NACCO Industries pursue a dual listing on NYSE Texas?

The company said the dual listing reinforces its NYSE relationship, deepens its commitment to Texas operations, and seeks to increase market visibility.

Does the dual listing change NACCO's corporate operations or ticker symbol?

No. The announcement states NACCO will keep the same ticker (NC) and retain its primary NYSE listing; no operational changes were described.

Where can investors find more information about NACCO Industries (NC)?

Investors can visit nacco.com for company information and ir.nacco.com for investor resources.