U.S. Physical Therapy, Inc., headquartered in Houston, Texas, announced a dual listing of its common stock on NYSE Texas. This new exchange is a fully electronic equities exchange based in Dallas, Texas.
The company will maintain its primary listing on the New York Stock Exchange and will trade with the same 'USPH' ticker symbol on NYSE Texas. U.S. Physical Therapy is the first healthcare company to list on this new exchange.
Chris Reading, Chairman and Chief Executive Officer, stated that the dual listing honors the dynamic growth and energy of Texas, which has been a key advantage for the company. This move is expected to enhance the company's visibility and connection to its home state.
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