Cameron Ashley Building Products Lists On New York Stock Exchange.DALLAS--(BUSINESS WIRE)--June 17, 1998--Cameron Ashley Building Products, Inc. (NYSE NYSE See: New York Stock Exchange : CAB) announced that its common stock will begin trading today on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "CAB". The Company's common stock had been trading on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market under the symbol "CABP CaBP Calcium Binding Protein CABP Coalition Air Battle Planning CABP Certificate of the Arab Board of Pediatrics ". Ronald R. Ross, Chairman and Chief Executive Officer, commented: "Our listing on the New York Stock Exchange represents a significant milestone for Cameron Ashley. The New York Stock Exchange will provide our investors with more efficient pricing, greater market depth, and less volatility. And importantly, we believe the Company will benefit from enhanced visibility in the investment community." Cameron Ashley Building Products, Inc. is a distributor of a broad line of building products that are used principally in home improvement, remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling and repair work and in new residential construction. The Company distributes its products through a network of 145 branches located throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Product lines include roofing, millwork, pool and patio enclosure materials, insulation, siding, steel products, industrial metals and a variety of other building materials. CONTACT: Cameron Ashley Building Products, Inc. J. Andrew Kerner, 214/860-5100 or Morgen-Walke Associates June Filingeri/Jennifer Angell Media contact: Stan Froelich/ Eileen King 212/850-5600 |
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