Stellar Bancorp, Inc. Announces Transfer Of Listing Of Common Stock To The New York Stock Exchange
30 Maio 2023 - 9:15AM
Stellar Bancorp, Inc. (the “Company”) (NASDAQ: STEL) announced
today that it is transferring the listing of its common stock to
the New York Stock Exchange (“NYSE”) from The Nasdaq Stock Market
LLC (“Nasdaq”). Stellar common stock is expected to begin trading
on the NYSE on Monday, June 12, 2023 and will continue to be traded
under the ticker symbol “STEL”. The Company expects its common
stock to continue to trade on Nasdaq until the close of the market
on June 9, 2023.
“We are thrilled to join the NYSE alongside many of the world’s
most established and well regarded companies that trade on the
NYSE. We believe that the NYSE is the right partner for Stellar and
we look forward to leveraging the highly visible NYSE platform as
we continue to build long-term value for our shareholders and
customers,” said Robert Franklin, Jr., the Company’s Chief
Executive Officer.
“We’re excited to welcome Texas-based community bank, Stellar
Bancorp to the New York Stock Exchange,” said John Tuttle, Vice
Chair, NYSE Group. “The NYSE is home to more companies from Texas
than any other state, and we’re thrilled to welcome another into
our community of icons and disruptors.”
About Stellar Bancorp, Inc.
Stellar Bancorp, Inc. is a bank holding company headquartered in
Houston, Texas. The Company’s principal banking subsidiary, Stellar
Bank, provides a diversified range of commercial banking services
primarily to small- to medium-sized businesses and individual
customers across the Houston, Dallas, Beaumont and surrounding
communities in Texas.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause the Company’s
actual results, performance or achievements to be materially
different from any future results, performance or achievements
anticipated in such statements. Forward-looking statements speak
only as of the date they are made and, except as required by law,
the Company does not assume any duty to update forward-looking
statements. Such forward-looking statements include, but are not
limited to, statements concerning the Company’s plans, objectives,
strategies, expectations, intentions and other statements that are
not statements of historical fact, and may be identified by words
such as “anticipates,” “believes,” “building,” “continue,” “could,”
“drive,” “estimates,” “expects,” “extent,” “focus,” “forecasts,”
“goal,” “guidance,” “intends,” “may,” “might,” “outlook,” “plan,”
“position,” “probable,” “progressing,” “projects,” “prudent,”
“seeks,” “should,” “target,” “view,” “will” or “would” or the
negative of these words and phrases or similar words or phrases.
For a list of factors that could cause actual results to differ
materially from those set forth in the forward-looking statements,
see the risk factors described in the Company’s most recent Annual
Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q
and other reports that are filed with the Securities and Exchange
Commission. All forward-looking statements are qualified in their
entirety by this cautionary statement.
IR@stellarbancorpinc.com
Stellar Bancorp (NASDAQ:STEL)
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