Westlake Announces Dual Listing on NYSE Texas
Rhea-AI Summary
Westlake (NYSE: WLK) announced the dual listing of its common stock on the newly launched, fully electronic NYSE Texas exchange, headquartered in Dallas, Texas. The company will keep its primary listing on the New York Stock Exchange and trade under the same “WLK” ticker on NYSE Texas.
Positive
- Dual listing on NYSE Texas alongside existing NYSE listing
- Same ticker symbol “WLK” used on both NYSE and NYSE Texas
- Supports Texas capital markets infrastructure as stated by management
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 14 | Quarterly dividend | Positive | -1.6% | Declared a second-quarter cash dividend of $0.533 per share payable September 10. |
| Aug 04 | Second-quarter earnings | Positive | +15.4% | Reported $3.3 billion sales, $260 million net income, and $679 million EBITDA. |
| Jul 21 | Earnings call scheduling | Neutral | -0.9% | Scheduled the second-quarter earnings release and conference call for August 4. |
| Jun 22 | Portfolio expansion | Positive | -2.9% | Expanded Dutch Quality Stone portfolio with new neutral colorways and additional applications. |
| Jun 16 | Product showcase | Positive | -3.6% | Showcased exterior solutions and digital design tools at the AIA conference. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent positive or informational announcements generally coincided with negative 24-hour reactions, except for the second-quarter earnings release.
Key Terms
dual listing financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Westlake Corporation (NYSE: WLK) (“Westlake”) (the “Company”) announced today the dual listing of its common stock on the NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas.
“We are pleased to join the NYSE Texas. Westlake is a global manufacturer celebrating 40 years of operations this year, and Texas has been home to our global headquarters since the very beginning. We welcome the opportunity to support the State of Texas' capital markets infrastructure as we continue to create value for our shareholders,” commented Jean-Marc Gilson, President and CEO of Westlake.
“As a leading global manufacturer with deep Texas roots, we are proud to welcome Westlake to our exchange,” said Bryan Daniel, President of NYSE Texas.
Westlake will maintain its primary listing on the New York Stock Exchange and trade with the same “WLK” ticker symbol on the NYSE Texas.
About Westlake
Celebrating 40 years of operations in 2026, Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, we provide the building blocks for vital solutions — from housing and construction, to packaging and healthcare, to automotive and consumer goods. For more information, visit the Company's web site at www.westlake.com.
Contacts
Media Inquiries: Ben Ederington, 713-960-9111
Investor Inquiries: Jonathan Baksht, 713-960-9111