Texas Pacific Land Corporation announced a dual listing of its common stock on NYSE Texas, a newly launched fully electronic equities exchange. The new exchange is headquartered in Dallas, Texas, aligning with TPL's operational footprint. The company will continue to maintain its primary listing on the New York Stock Exchange.
Trading of TPL's common stock on NYSE Texas is scheduled to commence on August 15, 2025, under the existing ticker symbol 'TPL.' CEO Tyler Glover stated that TPL is pleased to join NYSE Texas as a Founding Member, emphasizing the company's strong business and community ties within Texas.
This dual listing strategy aims to extend TPL's legacy as a long-listed Texas-headquartered company. It provides an additional venue for trading its shares and could potentially broaden its investor base by appealing to those with a focus on Texas-based enterprises. The move reinforces TPL's commitment to its home state while maintaining its national market presence.
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