Dillard's to shift listing to Texas
Dillard's announced it will transfer its primary stock listing from the NYSE to the emerging Texas Stock Exchange in October. The fashion retailer joins several other companies moving to the corporate-friendly bourse.
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DILLARDS INC-CL A will transfer its primary listing from the NYSE to the Texas Stock Exchange in October, joining seven other firms moving to the fledgling bourse. The exchange aims to challenge established coastal venues by offering a lightly regulated, corporate-friendly environment. United States businesses are increasingly evaluating alternative venues as regulatory compliance costs rise in traditional financial hubs.