Orion Group Holdings Announces Dual Listing
Orion Group Holdings (NYSE: ORN), a specialty construction company, has announced a dual listing of its common stock on the newly launched NYSE Texas exchange in Dallas. The company will maintain its primary listing on the New York Stock Exchange while trading under the same "ORN" ticker symbol on NYSE Texas.
As one of the founding members of NYSE Texas, Orion emphasizes its 40-year history in Texas and alignment with the exchange's focus on pro-growth values, transparency, and investor accessibility. The company's CEO Travis Boone highlighted Orion's deep Texas roots and commitment to the state's economic growth.
Orion Group Holdings (NYSE: ORN), un'azienda specializzata nel settore delle costruzioni, ha annunciato la doppia quotazione delle sue azioni ordinarie sul neonato mercato NYSE Texas a Dallas. La società manterrà la sua quotazione principale al New York Stock Exchange, continuando a negoziare con lo stesso simbolo "ORN" anche su NYSE Texas.
In qualità di uno dei membri fondatori di NYSE Texas, Orion sottolinea i suoi 40 anni di storia in Texas e la sua sintonia con i valori della borsa, che puntano alla crescita, alla trasparenza e all'accessibilità per gli investitori. Il CEO Travis Boone ha evidenziato le profonde radici texane di Orion e il suo impegno per lo sviluppo economico dello stato.
Orion Group Holdings (NYSE: ORN), una empresa especializada en construcción, ha anunciado una doble cotización de sus acciones comunes en la recién inaugurada bolsa NYSE Texas en Dallas. La compañía mantendrá su cotización principal en la Bolsa de Nueva York, operando bajo el mismo símbolo "ORN" en NYSE Texas.
Como uno de los miembros fundadores de NYSE Texas, Orion destaca sus 40 años de historia en Texas y su alineación con los valores de la bolsa, que se enfocan en el crecimiento, la transparencia y la accesibilidad para los inversionistas. El CEO Travis Boone resaltó las profundas raíces de Orion en Texas y su compromiso con el crecimiento económico del estado.
Orion Group Holdings (NYSE: ORN)은 전문 건설 회사로서, 새로 개설된 NYSE Texas 거래소(댈러스 소재)에 보통주를 이중 상장한다고 발표했습니다. 회사는 뉴욕증권거래소에서의 주요 상장을 유지하면서, NYSE Texas에서도 동일한 "ORN" 티커 심볼로 거래됩니다.
NYSE Texas의 창립 멤버 중 하나로서, Orion은 텍사스에서 40년의 역사를 강조하며, 성장 지향적 가치, 투명성, 투자자 접근성에 중점을 둔 거래소의 방향과 일치함을 나타냅니다. CEO Travis Boone은 Orion의 깊은 텍사스 뿌리와 주 경제 성장에 대한 헌신을 강조했습니다.
Orion Group Holdings (NYSE : ORN), une entreprise spécialisée dans la construction, a annoncé la double cotation de ses actions ordinaires sur la toute nouvelle bourse NYSE Texas à Dallas. La société conservera sa cotation principale à la Bourse de New York tout en étant négociée sous le même symbole "ORN" sur NYSE Texas.
En tant que membre fondateur de NYSE Texas, Orion met en avant ses 40 ans d’histoire au Texas ainsi que son alignement avec les valeurs de la bourse axées sur la croissance, la transparence et l’accessibilité pour les investisseurs. Le PDG Travis Boone a souligné les profondes racines texanes d’Orion et son engagement envers la croissance économique de l’État.
Orion Group Holdings (NYSE: ORN), ein auf Spezialbauunternehmen spezialisiertes Unternehmen, hat die Doppelnotierung seiner Stammaktien an der neu gegründeten NYSE Texas-Börse in Dallas angekündigt. Das Unternehmen behält seine Hauptnotierung an der New Yorker Börse bei und wird unter demselben Tickersymbol "ORN" auch an der NYSE Texas gehandelt.
Als eines der Gründungsmitglieder der NYSE Texas betont Orion seine 40-jährige Geschichte in Texas und die Übereinstimmung mit den pro-wachstumsorientierten Werten, der Transparenz und der Zugänglichkeit für Investoren, auf die die Börse setzt. CEO Travis Boone hob die tiefen texanischen Wurzeln von Orion und das Engagement für das wirtschaftliche Wachstum des Bundesstaates hervor.
- None.
- None.
HOUSTON, May 28, 2025 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the “Company”), a leading specialty construction company, today announced the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange based in Dallas. The Company will maintain its primary listing on the New York Stock Exchange and trade with the same “ORN” ticker symbol on NYSE Texas.
Travis Boone, Chief Executive Officer of Orion commented, “We are proud to be among the founding members listed on the NYSE Texas. With deep roots in Texas that stretch back over forty years, our company has seen firsthand the strength and resilience of this diverse Texas economy. We are excited to align our future with an exchange that champions pro-growth values, transparency, and accessibility for investors nationwide.”
Chris Taylor, Chief Development Officer of the NYSE Group commented, “We are honored to welcome Orion to NYSE Texas, where the strength of the state's pro-growth policies and business-friendly climate provides a compelling platform for forward-looking companies. We commend the Company on this significant milestone.”
About Orion Group Holdings
Orion Group Holdings, Inc., a leading specialty construction company serving the infrastructure, industrial and building sectors, provides services both on and off the water in the continental United States, Alaska, Hawaii, Canada and the Caribbean Basin through its marine segment and its concrete segment. The Company's marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including place and finish, site prep, layout, forming, and rebar placement for large commercial, structural and other associated business areas. The Company is headquartered in Houston, Texas with regional offices throughout its operating areas. https://www.oriongroupholdingsinc.com.
Forward-Looking Statements
The matters discussed in this press release may constitute or include projections or other forward-looking statements within the meaning of the “safe harbor” provisions of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, of which provisions the Company is availing itself. Certain forward-looking statements can be identified by the use of forward-looking terminology, such as 'believes', 'expects', 'may', 'will', 'could', 'should', 'seeks', 'approximately', 'intends', 'plans', 'estimates', or 'anticipates', or the negative thereof or other comparable terminology, or by discussions of strategy, plans, objectives, intentions, estimates, forecasts, guidance, outlook, assumptions, or goals. In particular, statements regarding our pipeline of opportunities, financial guidance and future operations or results, including those set forth in this press release, and any other statement, express or implied, concerning financial guidance or future operating results or the future generation of or ability to generate revenues, income, net income, gross profit, EBITDA, Adjusted EBITDA, Adjusted EBITDA margin, or cash flow, including to service debt or maintain compliance with debt covenants, and including any estimates, guidance, forecasts or assumptions regarding future revenues or revenue growth, are forward-looking statements. Forward-looking statements also include project award announcements, estimated project start dates, ramp-up of contract activity and contract options, which may or may not be awarded in the future. Forward-looking statements involve risks, including those associated with the Company's fixed price contracts that impacts profits, unforeseen productivity delays that may alter the final profitability of the contract, cancellation of the contract by the customer for unforeseen reasons, delays or decreases in funding by the customer, levels and predictability of government funding or other governmental budgetary constraints, and any potential contract options which may or may not be awarded in the future, and are at the sole discretion of award by the customer. Past performance is not necessarily an indicator of future results. Considering these and other uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that the Company's plans, estimates, forecasts, goals, intentions, or objectives will be achieved or realized. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company assumes no obligation to update information contained in this press release whether as a result of new developments or otherwise, except as required by law.
Please refer to the Company's 2024 Annual Report on Form 10-K, filed on March 5, 2025 which is available on its website at www.oriongroupholdingsinc.com or at the SEC's website at www.sec.gov, and filings and press releases subsequent to such Annual Report on Form 10-K for additional and more detailed discussion of risk factors that could cause actual results to differ materially from our current expectations, estimates or forecasts.
Contact:
Margaret Boyce
Orion Group Holdings, Inc.
Mboyce@orn.net
312-402-6980
Source: Orion Group Holdings, Inc.
FAQ
What does Orion Group Holdings' (ORN) dual listing on NYSE Texas mean for investors?
When will Orion Group Holdings (ORN) begin trading on NYSE Texas?
What is NYSE Texas and why is Orion Group Holdings (ORN) listing there?
Will Orion Group Holdings (ORN) continue to trade on the NYSE?
