LGI Homes dually lists common stock on Nasdaq Texas
LGI Homes, Inc. has secured approval to dually list its common stock on Nasdaq Texas, LLC, a new Dallas-based exchange for Texas-centric companies. The listing under the 'LGIH' ticker symbol maintains the homebuilder's primary listing on the Nasdaq Global Select Market. CEO Eric Lipar highlighted the company's commitment to Texas communities and first-time homebuyers, while Nasdaq's Rachel Racz noted the exchange's focus on homeownership opportunities. The dual listing does not impact trading capabilities for investors.

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LGI Homes, Inc. has received approval to dually list its common stock on Nasdaq Texas, LLC, a new venue headquartered in Dallas designed for companies with strong ties to Texas. The dual listing will occur under the same 'LGIH' ticker symbol used on its primary exchange. This move underscores the homebuilder's operational roots in the state while maintaining its primary listing on the Nasdaq Global Select Market.
Eric Lipar, Chairman and Chief Executive Officer of LGI Homes, emphasized the company's deep connection to the region. He stated that the dual listing reflects a commitment to Texas communities and the first-time homebuyers the company serves. Lipar expects the new exchange to strengthen relationships between Texas businesses and investors, highlighting the state's role in construction and development.
Rachel Racz, Senior Vice President and Head of Listings for Texas, Central and Southern U.S., and Latin America at Nasdaq, noted the company's growth since its initial public offering in 2013. She remarked that Nasdaq Texas aims to represent opportunities that help families achieve homeownership while creating value for investors.
The company confirmed that the dual listing will not affect investors' ability to buy or sell LGI Homes' stock. Headquartered in The Woodlands, Texas, LGI Homes operates across 36 markets in 21 states and has closed over 80,000 homes since its founding in 2003.
Key Listing Details
| Feature | Details |
|---|---|
| New Exchange | Nasdaq Texas, LLC |
| Ticker Symbol | LGIH |
| Primary Listing | Nasdaq Global Select Market |
| Headquarters | The Woodlands, Texas |
How will the liquidity and trading volume of LGIH shares be impacted by the addition of the Nasdaq Texas venue?
Will other major corporations with significant Texas operations follow LGI Homes' lead in pursuing dual listings on Nasdaq Texas?
What specific incentives or regulatory advantages does Nasdaq Texas offer to attract companies compared to the primary national exchanges?

























